Indian mills raise HRC export offers by $15 per tonne on limited supply

Indian mills have increased export prices for hot-rolled coil by $15 per tonne this week, with material being offered at $515-520 per tonne, mainly to Southeast Asian destinations.

Fastmarkets assessed the price of steel hot-rolled coil (commodity) export, fob main port India at $500-505 per tonne on Friday August 28 - a range at which deals were being concluded.

Published

Suresh Nair

August 31, 2020

19:32 GMT

Mumbai, India