04
Mar
12:16
India HRC quotes soar as mills resume offers
After two consecutive weeks of elusiveness amid Russian-Ukraine tensions, followed by Russia’s invasion of Ukraine, Indian mills have resumed quoting hot rolled coil in export markets. Mills are mainly targeting the European and Turkish markets, and their pricing strategy indicates priority for these two regions only, sources inform Kallanish.
An Indian mill was heard quoting at $1,120-1,130/tonne cfr Europe on Friday, equating to around $1,040-1,050/t fob I…
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