Tag: SteelMint India HRC FoB Index

Demand in the overseas market continued to remain weak, pulling down India’s HRC FoB index by $23/tonne (t) w-o-w. SteelMint’s India HRC export index stood at $879/t FoB east-coast basis against the previous week’s $902/t FoB India. The Vietnamese market remains inclined towards the more competitive offers from other exporting countries, whereas trade has slowed…