Indian HRC export prices down but volumes up

The export price for hot-rolled coil from India has fallen by $10-25 per tonne with mills booking large tonnages to China and South-East Asian countries.

The price of steel HRC (commodity), export, fob main port India, was assessed by Fastmarkets at $395-415 per tonne on Friday May 29, down from last week’s assessment at $420-425 per tonne.

Market participants have attributed the fall in price to...


Suresh Nair

May 29, 2020

17:53 GMT