23
Jan
14:18
Indian HRC prices drop slightly amid subdued demand
Indian mills’ hot and cold rolled coil offer prices softened marginally but remained in a similar range compared to last week due to subdued but stable demand across Europe and also in the domestic market, Kallanish notes.
According to market sources, Indian mills are quoting HRC at $710-725/tonne cfr Europe, equating to $650-660/t fob India, for SAE1006/S235 grade, for February-to-mid-March shipment. This is a slight drop compared to mills’ offer pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous