Tag: SteelMint HRC FoB Index
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SteelMint: Indian HRC export index declines marginally in absence of active trades
Indian HRC export market continues to remain muted with majority of mills holding back offers. SteelMint’s weekly HRC (SAE 1006) FoB India price index witnessed a marginal decline by $3/t w-o-w and stood at $510/t. Last week the index price stood at $513/t FoB basis Mills are in no hurry to offer material for exports…