Limited bookings in the past few weeks have kept imported HRC market mostly inactive. Meanwhile, a private Indian mill booked 4,000 t of HRC (SAE1006) at $620/t CFR UAE about 2-3 days back. The delivery is expected in early-Oct’22. Indications from India stand unchanged w-o-w at $630-640/t CFR. However, Chinese mills are offering at $620-630/t CFR as against $650-660/t CFR a week ago.
Leave a Reply