Tag: SteelMint HRC export index

  • SteelMint: India’s HRC export index flat on muted trade

    SteelMint: India’s HRC export index flat on muted trade

    SteelMint’s India HRC export index stood at $915/tonne (t) FoB east-coast basis, unchanged over the previous week. Thus, mills have largely kept their HRC export offers stable due to the absence of active trading in the overseas markets. Offers remained stable due to: a) Lockdowns in Vietnam on spiking Covid-19 cases, mainly in the steel…