Tag: SteelMint HRC FoB Index

SteelMint: Indian HRC export index up by over $15/t following global uptrend

Sep 8, 2020

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by

Pratibha Bajaj

in HRC

SteelMint’s weekly HRC (SAE 1006) FoB India price index increased by $18/t at $530/t FoB India. Last week the FoB India price index stood at a $512/t FoB basis. Last week Indian steel mills booked over 70,000 t HRC for Vietnam, UAE & Europe at around $535-545/t CFR basis for Oct shipments. However, since these…