Tag: Indian HRC Fob Index
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SteelMint: Indian HRC export market remains silent on higher domestic realizations
Indian HRC export trades have remained on the lower side due to limited allocations. Indian mills are eyeing HRC export offers mainly for Europe on higher price realizations. A major Indian steel mill was heard offering HRC at around $840-860/t CFR Europe. However, no major deals have been concluded yet. Market participants reported no firm…