09
Feb
15:11
India hikes HRC export offers by another $40
Owing to overbooking for March shipments, coupled with a feedstock cost-push and positive sentiment for steel in the global market, Indian mills have hiked hot rolled coil offers this week. Quotes have surged $40/tonne on-week to $870-880/t fob India. This now means prices have soared around $150/t since the beginning of last month, Kallanish notes.
“Chinese futures are not giving a good picture [since their drop on Wednesday]; iron ore has fallen and China …
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Anonymous
Very good overview of the weekly steel market.
Anonymous