UTC+8 ( BJT)

Indian mills raise HRC export offers further for Vietnam

Indian mills sharply raised HRC export offers to Vietnam by around $20-25/t w-o-w on bullish global market trends. A major private Indian steel mill is offering re-rolling grade HRC at $970/t CFR Vietnam for June shipments.
However, towards the beginning of the last week, the offers stood in the range of $940-950/t CFR basis. According to market sources, a private steel mill booked 20,000 t HRC at around $955/t CFR Vietnam towards the closing of last week, however it could not be confirmed till the time

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