HRC import offers to India down by $10 per tonne

Offer prices for hot-rolled coil (HRC) in India have dropped by at least $10 per tonne after South Korea-origin HRC was offered to Indian importers this week at $545-550 per tonne cfr Mumbai, Fastmarkets heard on Friday May 17.

Indian importers had last booked Japanese or South Korean HRC about two weeks ago, at $555-560 per tonne cfr Mumbai for shipment in June.

Importers said, however, that...


Suresh Nair

May 17, 2019

20:22 GMT