Tag: Indian HRC Fob Index

SteelMint: Indian HRC export index rises by $28/t on a sharp hike in global offers

Dec 8, 2020

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by

Pratibha Bajaj

in HRC

SteelMint’s Indian HRC (SAE 1006) export index witnessed a considerable increase of $28/t w-o-w and stands at a $635/t FoB basis. A significant hike in global HRC export offers and price rally in domestic market led to higher export offers. Indian mills are actively focused on European markets due to better price realizations. Recently an…