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India: HRC export index for EU steady amid weak domestic demand

Source: BigMint Dec 12, 2025 08:40
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HRC offers to Middle East decline w-o-w. Export offers to Nepal remain steady
Indian hot-rolled coil (HRC, S275) export index for the European Union (EU) remained unchanged w-o-w at $520/t FOB main port, with mills refraining from issuing new offers after fully exhausting their October-December export quota.   Uncertainty around the EU's Carbon Border Adjustment Mechanism (CBAM) continues to weigh on HRC exports, with

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