Tag: steelmint hrc index

SteelMint’s Indian HRC (SAE 1006) export index stands at $995/tonne (t) FoB east-coast basis, down by $15/t against $1,010/t FoB week-on-week (w-o-w). The absence of buying interest among Vietnam re-rollers for Indian-origin HRC resulted in a drop in export offers. However, last week, Indian mills collectively booked around 80,000 t of HRC to the UAE…