Tag: Indian HRC export
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SteelMint- Indian HRC export index increases over bullish global market
SteelMint’s Indian HRC (SAE 1006) export index stands at $936/t FoB East-coast basis, up by $9/t w-o-w against $927/t FoB basis. Indian steelmakers continue to keep HRC export offers higher following an uptrend in domestic steel prices and global cues. Hike in Chinese steel futures and robust demand at increased offers from Middle East &…