Tag: Indian HRC Fob Index

SteelMint’s Indian HRC (SAE 1006) export index shot up this week by $60/t w-o-w and stands at a $696/t FoB basis. Global HRC price rally along with higher domestic realizations resulted in a sharp hike in export offers from India. Recent deals concluded An Indian private mill booked around 20,000-30,000 t HRC to UAE at…