Indian mills continue to hold CRC export offers to EU

Indian mills continued to hold CRC export offers to the European Union (EU), with indicative offers around $750-755/t CFR Antwerp ($700-705/t FOB east-coast India). Prices are on hold due to weaker global market sentiments, it is expected that offers may resume in the first week of June. Moreover, Chinese CRC export offers remained stable at $610/t for the week.