Tag: SteelMint: Indian HRC export index at 2-year low on weaker global sentiments
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SteelMint: Indian HRC export index at 2-year low on weaker global sentiments
Indian HRC export indications to the traditional markets of Vietnam and UAE have dropped steeply this week, pulling the same to a 2-year low. This has pulled down Steelmint’s India HRC export index to $518/t FOB east coast contrasted against the previous week’s $573/t FOB. The index has fallen to around 2-years’ low, as per…