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India HRC export index flat, deals with SE Asian countries


The Indian HRC export index stands largely unchanged compared to the previous week. A few deals were heard lately to Malaysia and Vietnam. SteelMint’s Indian HRC export index stood unchanged at $878/tonne (t) FOB east coast compared to the previous week.
Deals reported: 1.An export deal was reported for 4,000-5,000 t of Indian-origin HRC (S275JR) at $940/t CFR Malaysia for Oct’21 shipment at the beginning of this week. 2.A shipment of 60,000-65,000/t of HRCs (SAE1006) was booked at $890/t CFR Vietnam for Oct’21 delivery towards the end of the previous week. However, bids from


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