Indian HRC export prices up by $105 in a week on European bookings

December 05, 2020 / www.metalbulletin.com / Article Link

Indian hot rolled coil export prices have surged by $105 per tonne in the week to Friday December 4 on bookings from Europe, market participants told Fastmarkets.

Fastmarkets assessed the price of steel hot-rolled coil export, fob main port India at $665-670 per tonne on Friday, up by $105 per tonne from last week's $560-565 per tonne fob.

The latest HRC export booking to Europe was for a small parcel of about 2,000-3,000 tonnes at $665-670 per tonne fob by...

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