Tag: SteelMint HRC FoB Index
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SteelMint: Indian HRC export index range-bound as mills hold back offers
SteelMint’s weekly HRC (SAE 1006) FoB India price index remains range bound at $525-530/t FoB India. Indian mills are holding back offers on pending shipments of last bookings. Price clarity on export offers may be achieved towards next week, highlighted traders. A total of five indicative prices were considered as T2 inputs, with the average…