Tag: SteelMint: Muted trades keep Indian HRC export index unchanged

  • SteelMint: Muted trades keep Indian HRC export index unchanged

    SteelMint: Muted trades keep Indian HRC export index unchanged

    HRC export index unchanged w-o-w at $583/t FOB Indian mills refrain from reducing quotes Recession concerns keep UAE buyers on sidelines Vietnamese buyers preferring domestic material SteelMint’s India HRC (SAE1006, boron-added) export index remain stable at $583/t FOB east coast. Most Indian mills are now focused on the domestic market while they wait for counter…