Tag: SteelMint HRC FoB Index

Decline in Chinese HRC export offers and recent sales of Russian HRC cargoes through traders have pulled down the global price sentiments. SteelMint’s Indian HRC (SAE 1006) export index stands at $920/tonne (t) FoB east-coast basis, down by $70/t against $990/t FoB week-on-week (w-o-w). Disparity between bids and offers have kept trades absent this week in India’s traditional export…