Tag: steelmint hrc index

SteelMint: Indian HRC export index drops sharply by $37/t w-o-w

Feb 16, 2021

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by

Pratibha Bajaj

in HRC

Indian HRC (SAE 1006) export index dropped sharply by $37/t on a weekly basis and stands at $715/t FoB basis. Indian mills have been active in exploring export opportunities due to subdued buying in the domestic market. Mills have recently booked export parcels for UAE and Europe, however, no deals were heard for Vietnam amid…