Indian mills raise HRC export prices on lower supply, rise in domestic prices

Indian mills have raised their hot-rolled coil export prices by $10-20 per tonne on the back of rising prices for HRC in the domestic market and lower production volumes.

Fastmarkets assessed steel hot-rolled coil (commodity) export, fob main port India at $610-645 per tonne on Friday August 4, an increase of $10-20 per tonne compared with last week’s $590-635...