Tag: SteelMint HRC fob export index
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India: SteelMint HRC export index drops marginally in recent trading
Indian mills have been active this week in exploring HRC export opportunities to the UAE and Turkey. However, bids from Vietnam remained limited owing to preference for domestic HRC. SteelMint’s Indian HRC (SAE 1006) export index stands at $990/tonne (t) FoB east-coast basis, down by $5/t against $995/t FoB week-on-week (w-o-w) in recent deals concluded…