Few Indian HRC Export Deals Reported to Nepal

Mining News Pro - Recently SteelMint learn from market sources that a major private Indian steel manufacturer exported HRC to Nepal for Nov- Dec shipments.Company has concluded HRC deal of around 2 rakes which is coming around 5400 MT in the range of USD 622/MT CFR basis.

Indian HRC Imports Inch Up in July

Mining News Pro - According to recent customs data released, imports of HRC moved up by 8% to 0.27 MnT in Jul’18 which was 0.25 MnT in Jun’18.Japanese & South Korean mills had reduced HRC export offers by USD 10-15/MT for July which resulted in increased bookings. Also the landed cost were at par with the prevailing Indian domestic prices which boosted bookings.

Indian HRC Export Price to Vietnam Stable in Recent Deal

Mining News Pro - Market participants in conversation with SteelMint shared that an eastern India based major Indian mill has booked HRC to Vietnam for September shipments.

Indian HRC Export Prices to Nepal Decline Sharply in Recent Deals

Mining News Pro -SteelMint learned from Nepal based market sources that Indian HRC export prices to Nepal have moved down significantly by USD 25-30/MT M-o-M in recent trades concluded.

Indian HRC Export Prices to Vietnam Move Down in Recent Trades

Mining News Pro - Indian HRC export prices fell by by USD 5-8/MT amid competitive pricing and weak buying sentiments from end users in Vietnam.

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