Indian HDGI Export Market Observes Limited Trades
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Market participants mentioned that Indian exporters were quoting HDGI (SGCC dx 51a)export offers on higher side which was around USD 845-850/MT FoB India. This will be equivalent to USD 885-890/MT CFR Europe.
However,owing to higher prices European buyers have booked the material in small quantities at USD 875-878/MT CFR Europe.
Indian GP/GC & color coated exports in FY18
Major destinations for GP/GC and color coated export goods from India stood were Belgium (0.18 MnT) followed by Spain, UAE , Italy and others.
Currently price assessment for Galvanized plain coil (0.8 mm, 120 GSM) is at : INR 55,000MT (ex-Mumbai), INR 54,000-55,000/MT (ex-Chennai), INR 55,500-56,000/MT (ex-Delhi) and INR 56,000/MT (ex-Hyderabad).