Indian HRC (SAE1006) export offers stand at around $780/t CFR Antwerp this week, informed reliable sources. Offers have risen by around $30/t w-o-w. Meanwhile, a private Indian steel major booked around 5,000 tonnes of hot rolled coils (S275) for export to Europe in the previous week. The deal was closed at $760/t CFR Antwerp, for end-February or early-March shipment.
Leave a Reply