Tag: UAE market inactive
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India: HRC export index falls $25/t as overseas demand wanes
Indian HRC export offers fell by about $25/tonne (t) this week with buyers turning observant in key markets. Decline in global HRC offers have weighed on buying sentiments. SteelMint’s HRC export index stands at around $815/t FOB east coast India. Rationale: Seven indicative prices were considered as T2 inputs while no major export deals were…