SteelMint

Tag: Indian HRC Positioned Cargo Deal Drives Price Down; Global HRC Market Overview

  • Indian HRC Positioned Cargo Deal Drives Price Down

    Indian HRC Positioned Cargo Deal Drives Price Down

    —

    by

    Pratibha Bajaj
    in

    In a recent conversation with trade participants, SteelMint learned that deal for positioned cargo of around 20,000-30,000 MT Indian origin HRC (SAE 1006) has been concluded via trader to Vietnam at around USD 410/MT CFR Vietnam for Nov shipment. Last week the offers for position cargoes of HRC were around USD 418/MT CFR basis. Thus…