Tag: steelmint hrc index

Indian HRC export market witnessed a fall by around $36/t following a decline in Chinese export offers. Currently, Indian steel mills are offering majorly to UAE and Europe on higher realizations vis-a-vis Vietnam. Currently, SteelMint HRC (SAE 1006) index stands at a $749/t FoB basis which was at $785/t FoB basis last week. “Realisation in…