EU buyers prefer domestic material for faster delivery Chinese offers to Middle East mixed in slow marketIndian hot rolled coil (HRC) (S275) export offers to the European Union (EU) dropped by $10/ton
Middle Eastern importers have booked around 40,000-45,000 tonnes (t) of hot-rolled coil (HRC) from Japan at $500-505/t CFR for end-July 2025 shipment. Chinese HRC offers stayed rangebound. On the other
Moderate demand seen amid varied offers Finished steel demand keeps offers supportedBigMint's billet index rose marginally by INR 200/tonne (t) d-o-d to settle at INR 40,000/t exw-Raipur on 20 May 2025
India's induction furnace (IF) steel market witnessed positive sentiments today, with mills' offers increasing by INR 100-250/tonne (t) d-o-d.Sponge iron prices increased by INR 100-250/t d-o-d, with the