Tag: India’s HRC export offers drop by $5/t w-o-w amid summer slowdown in EU

EU buyers exercise caution, citing high Indian offers Chinese steel tags hit 4-month peak on output curbs BigMint’s India hot-rolled coil (HRC, S275) export index fell by $5/tonne (t) w-o-w to $535/t (FOB main port) due to weak demand amid Europe’s summer break. Meanwhile, Indian mills continued to avoid actively offering to the Middle East…