05
Dec
11:26
Indian HRC mills hike offers, eye EU business
Indian hot rolled coil suppliers are back in the EU market, aiming to capitalise on firming prices there amid idled capacities. After selling a consignment to the EU in late November, mills have hiked their quotes in anticipation of further business. The domestic market is likely to remain sluggish till at least January.
One Indian major concluded an S235 grade HRC deal towards the end last month to the EU at $630-635/tonne fob India for December shipment, with fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous