Tag: Vietnamese buyers prefer domestic HRCs over imports

SteelMint: India HRC export index drops to 9-month low on limited buying interest

Dec 7, 2021

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by

Kalpesh Padhiar

in HRC

The HRC export index has dropped to a nine-month low this week as mills continued to reduce their offers over lack of buying interest in the key markets. SteelMint’s India HRC (SAE1006) export index dropped to $790/t FOB east coast. Similar levels were last witnessed towards end of Mar’21. Furthermore, the offers have continued to…