Tag: Indian HRC Fob Index

SteelMint’s Indian HRC (SAE 1006) export index continues to maintain its upward momentum and reported a further hike by $44/t w-o-w basis. Currently index stands at $740/t FoB basis. The last index stood at $696/t FoB basis. Reasons driving export offers: Spurt in HRC offers from major exporting nations amid global price rally lead to…