Tag: Indian HRC Fob Index

SteelMint: Indian HRC FoB Index increases by $45/t on global cues and domestic market gains

Jan 5, 2021

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by

Pratibha Bajaj

in HRC

Indian mills remain less active in exports on higher domestic realizations Mills have raised domestic HRC prices by around INR 2,000/t this week Chinese mills resume HRC export offers, market awaits clarity SteelMint’s Indian HRC (SAE 1006) export index increased by around $45/t on a weekly basis and stood at $785/t FoB basis against $740/t …