Tag: SteelMint HRC export index

  • India: SteelMint HRC export index drops $20/t in recent deals

    India: SteelMint HRC export index drops $20/t in recent deals

    Indian mills have resumed offering hot-rolled coils (HRC) for exports to Vietnam and the UAE after a gap of around two weeks. Interestingly, apart from their usual destinations (the UAE, Vietnam and Europe), mills managed to clinch a deal to Turkey as well last week. SteelMint’s Indian HRC (SAE 1006) export index stands at $1,010/tonne…