Indian CRC export offers to EU remain flat

Imported CRC offers from India to the European Union (EU) remained flat w-o-w at $725-730/t CFR Antwerp ($675-685/t FOB east-coast India). The ongoing summer peak, slow finished steel demand along with sluggish growth in automotive and construction sectors have kept prices stable. Moreover, Chinese CRC export offers to the EU remained unchanged for the week at $560/t FOB.


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