{"id":55403,"date":"2026-01-28T10:53:47","date_gmt":"2026-01-28T04:53:47","guid":{"rendered":"https:\/\/biztrend24.com\/?p=55403"},"modified":"2026-01-28T10:53:47","modified_gmt":"2026-01-28T04:53:47","slug":"indian-hrc-export-offers-remain-absent-amid-higher-domestic-realisations","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=55403&lang=en","title":{"rendered":"Indian HRC export offers remain absent amid higher domestic realisations"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>If mills take further hikes exports may be affected<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>EU optimism holds despite weak trade sentiment<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>BigMint&#8217;s Indian HRC export offers remained absent amid higher domestic realisations. In the Middle East (ME) Chinese prices remained competitive, while no firm offers from India were heard. &#8220;Offerings are currently on hold due to rising domestic prices in India, an ME-based source informed BigMint. Meanwhile, indicative offers were heard for Europe (EU), but no firm offers and trade activities were concluded. &#8220;There has been no business activity with Europe over the last few weeks,&#8221; a domestic mill official informed.<\/p>\n<p>1. HRC offers to the EU:\u00a0Indian mills are not actively offering to the EU. However, an indicative offer was heard at around $565-570\/t CFR Antwerp, up by $10-15\/t w-o-w from $555\/t the previous week. Overall, sentiment in the European domestic market remained cautiously optimistic, supported by uncertainty surrounding imports following the introduction of the Carbon Border Adjustment Mechanism (CBAM).<\/p>\n<p>Furthermore, ArcelorMittal, a leading European steelmaker, has raised its HRC prices by around EUR 30\/t ($35\/t) m-o-m to EUR 700\/t ($819\/t) base delivered for April deliveries. Moreover, CRC and HDGI prices were also increased to EUR 830\/t ($971\/t) and EUR 820\/t ($959\/t) respectively, driven primarily by trade regulations such as CBAM and anti-dumping regulations, even as overall demand remained weak.<\/p>\n<p>2. HRC offers to the Middle East:\u00a0Chinese HRC export offers to the ME remained steady w-o-w at around $500\/t CFR UAE, in line with the largely stable May 2026 HRC contracts on the Shanghai Futures Exchange (SHFE), assessed at around RMB 3,293\/t ($473\/t) on 27 January. While, last heard Indian HRC export offers to the ME stood at around $500\/t CFR UAE.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-55405\" src=\"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105239.419.jpg?resize=640%2C361&#038;ssl=1\" alt=\"\" width=\"640\" height=\"361\" srcset=\"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105239.419.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105239.419.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105239.419.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105239.419.jpg?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>Outlook:<\/p>\n<p>The Indian HRC export market is expected to witness mixed price movements in the coming week as mills navigate a complex global landscape. While competitive Chinese offers continue to pressure international markets, the upcoming Lunar New Year holidays in China are likely to provide a temporary reprieve, offering Indian exporters a strategic window of opportunity.<\/p>\n<p>However, with primary mills anticipated to announce further price hikes in the next month, the focus is increasingly shifting toward the domestic market. Driven by higher realisations, Indian steelmakers may prioritise domestic sales over exports in the near term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If mills take further hikes exports may be affected EU optimism holds despite weak trade&#8230;<\/p>\n","protected":false},"author":1,"featured_media":55404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-55403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1280%2C720&ssl=1?v=1769575987",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?resize=150%2C150&ssl=1?v=1769575987",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=300%2C169&ssl=1?v=1769575987",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=640%2C360&ssl=1?v=1769575987",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=640%2C360&ssl=1?v=1769575987",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1280%2C720&ssl=1?v=1769575987",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1280%2C720&ssl=1?v=1769575987",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?resize=1115%2C715&ssl=1?v=1769575987",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?resize=800%2C500&ssl=1?v=1769575987",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1024%2C576&ssl=1?v=1769575987",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?resize=540%2C340&ssl=1?v=1769575987",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?resize=400%2C250&ssl=1?v=1769575987",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-28T105200.902.jpg?fit=1280%2C720&ssl=1?v=1769575987","jetpack-related-posts":[{"id":62899,"url":"https:\/\/biztrend24.com\/?p=62899&lang=en","url_meta":{"origin":55403,"position":0},"title":"Global steel, raw material prices rise m-o-m in Mar&#8217;26 as US-Iran conflict disrupts supply chains","author":"Biz Trend 24","date":"April 8, 2026","format":false,"excerpt":"Indian imported PHCC bucks trend, prices drop as supply constraints ease Chinese iron ore up 7% on supply uncertainty, high port stocks cap gains Firm input costs, domestic demand recovery lift Chinese HRC export offers Morning Brief:\u00a0Global steel and raw material prices climbed higher m-o-m in March 2026 except for\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-3.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-3.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-3.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-3.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-3.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55688,"url":"https:\/\/biztrend24.com\/?p=55688&lang=en","url_meta":{"origin":55403,"position":1},"title":"Global steel prices show mixed trends in Jan&#8217;26 even as coking coal surges","author":"Biz Trend 24","date":"January 31, 2026","format":false,"excerpt":"Wet weather in Australia pushes up Indian imported coking coal prices Chinese iron ore prices remain stable on restocking before Lunar New Year Chinese HRC prices inch up as new export licensing system kicks in Morning Brief:\u00a0Global steel and raw material prices showed mixed trends in January 2026, as per\u2026","rel":"","context":"In &quot;Iron &amp; 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