Tag: steelmint hrc index
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SteelMint: Indian HRC export index up by $14/t w-o-w
Indian HRC export index reported a significant increase of around by $14/t on weekly basis. Currently, SteelMint HRC (SAE 1006)index stands at a $752/t FoB basis which was at $738/t FoB basis last week. Indian mills have raised HRC export offers to UAE at around $770-780/t CFR after the Chinese steel mills raised offer last week…