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India: HRC export index drops w-o-w amid sluggish market activity globally

Source: BigMint Jun 20, 2025 08:30

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Indian offers fall on slow auto, construction demand in EU. Corpus Christi holidays also keep trade activities sluggish.

BigMint's India HRC (hot-rolled coil, S275) export index (for the Europe and Middle East) dropped by $15/tonne (t) to $555/t FOB eastern Indian port. Buying interest from the European Union (EU) was weak amid slow demand from the automotive and construction sectors. Moreover, buyers in the EU were cautious,

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