Tag: SteelMint: Mills hold back offers HRC export offers; index unchanged w-o-w

SteelMint: Mills hold back HRC export offers; index unchanged w-o-w

Nov 15, 2022

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by

Kalpesh Padhiar

in HRC

SteelMint’s India HRC (SAE1006) export index unchanged w-o-w at $518/t FOB Mills hold back offers amid bid-offer disparity Increased competition seen from China Buying interest low compared to offers Indian mills were heard to have held back from quoting offers this week to the traditional markets of Vietnam and the UAE. Bids have been steeply…