A private Indian steel major has booked around 25,000 t of HRCs for export at $830/t CFR Antwerp last weekend for end-April or early-May shipment. Fresh offers for HRCs (S275) were floated at $830-840/t CFR Antwerp, up $20/t as against last week’s $810-820/t CFR. Indian mills are likely to raise offers amid increasing domestic offers in the European market.
Leave a Reply