Indian HRC export price falls 3% on weaker rupee

Indian hot-rolled coil (HRC) producers have dropped their export prices of the commodity after the Indian rupee continued to weaken against the dollar.

Fastmarkets’ price of steel HRC export, fob main port India fell to $465-470 per tonne on Friday March 13, a drop of $15 per tonne or 3.1% from last week’s assessment of $480-485 per tonne fob...

Published

Suresh Nair

March 13, 2020

17:22 GMT

Mumbai