Tag: Indian HRC exporters face challenges amid weakening global demand

HRC offers to the EU drop by $5/t w-o-w Prices for Nepal unchanged amid unconfirmed deal BigMint’s India HRC (S275) exports index dropped by $5/t w-o-w to $540/tonne (t) FOB main port, reflecting slow demand. India’s steel industry faces significant challenges from the EU’s Carbon Border Adjustment Mechanism (CBAM) which will become fully operational in…