India: HDGI coils export offers edge up by $5/t w-o-w
Export offers of hot-dipped galvanised iron (HDGI) coils (0.50 mm, 900-1,250 mm) from India edged up by $5/t w-o-w to $825/t FOB west coast against $820/t FOB a week ago. An improved demand for HRC and CRC pushed mills to raise HDGI offers as well, a source said. India's galvanised steel exports in May'23 increased m-o-m to 0.21 mnt against 0.17 mnt in Apr'23.