Europe: Indian mill books HRC export consignment; fresh offers inch up

A private Indian steel major has booked a small parcel of HRC at $800/t CFR EU for Mar’23 shipment. The deal was concluded towards last weekend, as per sources. Fresh offers for HRC (S275) were heard at $800-810/t CFR Antwerp, up $5/t against last week’s $795-805/t CFR. Buying interest in the region has slowed down amid depreciation of the Euro against the USD.


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