Tag: steel export offers

SteelMint: Indian HRC export index increases by $30/t on bullish global market trends

Mar 23, 2021

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by

Pratibha Bajaj

in HRC

Indian HRC (SAE 1006) export index went up this week following an upward trend in the global market. SteelMint’s HRC (SAE 1006) index stands at $785/t FoB East-coast basis against $755/t FoB basis last week. Major Indian steelmakers had raised their HRC export offers yesterday to $800-805/t CFR Vietnam which was around $780-785/t CFR basis…