Indian CRC export offers to the European Union (EU) remained range-bound at $750/t CFR Antwerp ($700-705/t FOB east-coast India) amid recent deals. A steel major has booked 15,000 t of CRCs at similar price levels for August shipment. However, buyers are still cautious, due to safeguard measures. Moreover, China’s CRC export offers to EU fell by $10/t w-o-w to $595/t FOB.
