Chinese HRC export offers inch up on tight availability- The Chinese mills have slightly raised their HRC export offers for the first time since Aug'19 when the prices had started to decline. Currently, China HRC export offers stand around USD 430-440/MT FoB China, up by USD 5-10/MT in comparison with USD 425-430/MT in the previous week.
News ID: 7111 Publish Date : 2019/10/29
Indian steel makers offering competitive HRC export offers to Vietnam- Amid flat buying and poor demand hovering in domestic market, Indian steel makers have resorted to ease off inventories to global market. Also low priced imports from Russian steel-makers to Vietnam pushed Indian HRC export offers on lower side.
News ID: 6699 Publish Date : 2019/10/03