Tag: Indian mills’ book over 1 mnt HRCs for exports for Feb-Mar shipments

Indian mills have collectively booked about 1.14 million tonnes (mnt) of HRCs for Feb-Mar’21 shipments. Estimated export volumes stood at 0.55 mnt for February and 0.59 mnt for March shipments respectively, sources informed SteelMint. Why have exports increased? 1. Rise in global HRC offers: Global HRC export offers have been on a rise since the…