A private Indian steel producer has concluded around 5,000 t of CRCs export deal to Europe at $910/t CFR EU for end-April deliveries, sources informed. Post-the deal, offers rose $10-30/t w-o-w to $885-910/t CFR Antwerp (translating to $820-845/t FOB east-coast India). Indian mills are expecting higher bids in the overseas markets amid limited export allocations and positive global sentiment, hinted a source.
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