Indian mill books 10,000 t HRC to Europe at higher price

Major private Indian steel mill reported to have booked around 10,000 t HRC (re-rolling grade) for exports to Europe at $775/t CFR basis (translates to $735/t FoB) for end Jan- Feb ’21 shipments,SteelMint learned from its credible market channels. Few days back the same mill booked around 35,000 t HRC at $ 735/t CFR basis and small lots at around $755/t CFR basis.