Indian HRC export price falls 3% on weaker rupee

March 14, 2020 / www.metalbulletin.com / Article Link

Indian hot-rolled coil (HRC) producers have dropped their export prices of the commodity after the Indian rupee continued to weaken against the dollar.

Fastmarkets' price of steel HRC export, fob main port India fell to $465-470 per tonne on Friday March 13, a drop of $15 per tonne or 3.1% from last week's assessment of $480-485 per tonne fob...

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