Tag: steelmint hrc index

SteelMint: Indian HRC export index moves up; market remains inactive

Oct 13, 2020

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by

Pratibha Bajaj

in HRC

Indian HRC export market continues to remain muted with the mills holding back offers. SteelMint’s weekly HRC (SAE 1006) FoB India price index increased by $6/t w-o-w to $516/t FoB basis. Last week the index stood at a $510/t FoB basis. “ Indian mills are not offering HRC for exports since domestic prices are way…