09
Mar
18:10
India mills eye further HRC hike amid disruption
Economic sanctions on Russia have resulted in a supply shortage of steelmaking raw materials, including coking coal and iron ore, owing to which the price of coking coal has surged dramatically. Indian steelmakers consequently expect to increase their hot rolled coil offers by a further $30-40/tonne.
This also follows the fact that domestic steelmakers in Europe are facing energy cost hikes, owing to which, it is expected that domestic HRC in Europe will rise in t…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous