Tag: Indian HRC Fob Index

SteelMint: Indian HRC export index remains range-bound in absence of firm offers

Oct 20, 2020

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by

Pratibha Bajaj

in HRC

Indian HRC export market continues to remain less active in absence of firm offers from steel mills. Major steel manufacturers are holding back offers as they have shifted their interest to domestic sales on improved demand. This week SteelMint’s weekly HRC (SAE 1006) FoB India price index remained range-bound at $515/t FoB basis. The price…