The prices of hot-rolled coil exports from India increased by $20-25 per tonne in the week ended Friday May 15 because most mills have filled their order books for the month of June, Fastmarkets has heard.
Indian mills expect domestic demand to increase in the coming weeks because the Covid-19-related lockdown was being gradually eased across the country.The price of steel HRC (commodity), export, fob main port India, was assessed by Fastmarkets at $390-395 per...