Indian mills raise HRC export price on better domestic demand

Indian hot-rolled coil producers have increased their export prices for the commodity by at least $10 per tonne in the past week, citing higher demand and raised prices in the domestic market.

The price of steel HRC (commodity), export, fob main port India, was assessed by Fastmarkets at $445-450 per tonne on November 29, an increase of $10-15 per tonne compared with last week’s assessment at $430-440 per tonne fob.

Published

Suresh Nair

November 29, 2019

16:56 GMT

Mumbai