Indian steel mills likely to slash HRC export prices to increase sales

Indian steel mills were likely to cut the export price of hot-rolled coil aggressively to increase export volumes of the commodity to Southeast Asia and the Middle East, Fastmarkets heard on Friday June 17.

The price of steel hot-rolled coil (commodity), export, fob main port India, was assessed by Fastmarkets on June 17 at $700-745 per tonne, down by $10-40 per tonne from last...

Published

Suresh Nair

June 17, 2022

15:38 GMT

Mumbai