Indian mills raise HRC export prices on strong domestic demand

Indian hot-rolled coil export prices have increased by about $15-25 per tonne in the week to Thursday October 14 because of strong domestic demand, Fastmarkets has heard.

Mills this week have concluded HRC export bookings at prices in the range of $860-870 per tonne fob, mainly to destinations in the Middle East. This was about $15-25 per tonne higher compared with previous bookings in the range of $835-855 per tonne fob.

The price of steel hot-rolled coil (commodity), export, fob main port India, was most...


Suresh Nair

October 14, 2021

16:42 GMT