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20 Jun

Indian HRC exports halve in May

Indian hot rolled coil exports slumped by 50.87% month-on-month to 65,579 tonnes in May, according to customs data accessed by Kallanish. This is the third consecutive month of decline. In April, Indian HRC exports fell by 47.17% on-month to 133,471t (see Kallanish passim). The data includes HS codes with a heading of 7208. The most traded codes are 720837, 720838 and 720839. These include HR carbon steel coil and sheets of 10mm thickness and over 600m…
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