An Indian steel manufacturer has recently booked 10,000 t CRC for export to Europe at increased price.
- The deal is concluded at around $1400-1410/t CFR basis for June shipments.
- Deal price increases by $30/t against the last booking.
- Towards the end of April, mills booked around 30,000 t of HRC for May end shipments.
- Indian mills have exported around 0.13 mn t CRC during Jan-Mar ’21.
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