Tag: Indian mills lower HRC export offers

Indian steel mills export aggressively as domestic sales remain slow- Market sources shared with SteelMint that Indian steelmakers booked around 50,000 MT of HRC with Vietnam at around USD 455-460/MT CFR Vietnam for Oct deliveries. Last week the offers was assessed around USD 460-465/MT CFR basis. Thus decline of USD 5-10/MT could be seen in…