European traders' interest towards India's HRC increases

According to the information obtained, it is observed that European traders' interest towards India's HRC has increased recently. Despite the increase in India's HRC offer prices, it is known that these prices are competitive for European buyers wishing to purchase from third countries. It is among the information obtained that Indian manufacturers, who want to achieve higher prices, are planning to sell to Europe in small lots. According to the data, in 2022, India had supplied about 650,000 tons of HRC to Europe. When the data is analyzed, it is seen that the imports in 2022 are half of the ones in 2021.