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21 Aug
13:58

Nepal, Vietnam cannot prevent Indian HRC export slump

Indian exports of HS code heading 7208 products – hot rolled flats – slumped -24% on-year in June to 175,000 tonnes, according to Indian commerce ministry data monitored by Kallanish. This was due to reduced intake from Malaysia, Spain, United Arab Emirates, Belgium, Turkey and Saudi Arabia. However, top market Nepal increased intake 77% to 38,656t and Vietnam sourced 36,273t versus zero last year. In fifth place, Thailand sourced 15,123t v…
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