Indian mill concludes 16,200 t HRC export tender -sources
An Indian state owned mill reported to have concluded a 16,200 t Hot Rolled Coil (HRC) export tender last week for end May '21 shipment, SteelMint learns from market participants. Price could not be confirmed at the time of reporting. SteelMint HRC export assessment from India stood at $755/t FoB east coast as on 16th Mar '21. Last week SAIL dispatched the first lot of 12,000 t HRC of European standard (S235J) to Italy.