Indian HRC export prices fall by $15 per tonne, mills sell aggressively to export market

Dec 20, 2011 | 11:21 AM |

Indian hot rolled coil (HRC) exports prices have fallen by at least $15 per tonne in the past week from levels seen at the end of November, market sources told Metal Bulletin.

HRC has been booked at $575-580 fob Western Indian ports compared to exports booked at $590-595 fob three to four weeks ago, as Indian mills start selling aggressively to the export market. ....

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