[SMM Steel] Indian HRC Export Market Shows Regional Divergence

Published: Jul 22, 2026 15:48

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[India] Indian HRC export activity remained mixed. Stronger EU buying to secure duty-free quotas lifted offers to around 580 USD/tonne FOB and supported a booking of about 30,000 tonnes. Meanwhile, shipping disruptions in the Middle East weighed on trade, while offers to other Asian markets softened. Regional demand and logistics are expected to keep export performance uneven.

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