Tag: Indian mills lower HRC export offers

  • Indian Steel Mills Lower HRC Export Offers to Vietnam

    Indian Steel Mills Lower HRC Export Offers to Vietnam

    In recent conversation with market participants, SteelMint analyzed that Indian steel mills have lowered HRC export offers to Vietnam for June shipments by USD 10/MT. Market sources shared that currently HRC (SAE 1006) export offers to Vietnam is heard around USD 530-535/MT CFR basis for June shipments. Prior to this, major Indian steel mills were…