Tag: Slow demand from importing countries
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SteelMint: Indian HRC export index falls $35/t w-o-w in recent trade
After remaining muted for a few weeks, the Indian HRC export market witnessed some deals this week. However, the HRC export index dropped by around $35/t this week to stand at $840/t FOB east coast. Towards the end of the previous week, a deal involving 20,000 t of HRCs (SAE1006) was heard booked at $890/t…