Indian mills achieve $30 per tonne rise in HRC export price

Indian mills have achieved a $30 per tonne increase in export prices for hot-rolled coil in the week ended Friday May 22, with international pricing becoming firmer, particularly for Chinese exports.

The price of steel HRC (commodity), export, fob main port India, was assessed by Fastmarkets at $420-425 per tonne on May 22, up by $30 per tonne from last week’s assessment at $390-395 per tonne.

“There is enough...

Published

Suresh Nair

May 22, 2020

19:15 GMT

Mumbai