Tag: Mills explore export options for Saudi Arabia
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SteelMint: India HRC export index falls to 9-month low, trade improves marginally
SteelMint’s India HRC (SAE1006) export index dropped to a 9-month low, after falling by $25/tonne (t) w-o-w to $725/t FOB east coast. Similar levels were last witnessed in early Mar’21. Meanwhile, trade activities have picked up marginally on lower prices. However, significant trade volumes in exports stand awaited which may somehow ease selling pressure on…