Indian steel mills are actively exporting flat-rolled products to the European market. An export deal for 5,000 t of CRC was heard concluded at $ 1,310-1,320/t CFR Europe for May’22 delivery. Fresh offers are heard around $1,350-1,370/t CFR.
Meanwhile, HRC export deals were also heard concluded at $1,200/t CFR, $1,220/t CFR and $1,250/t CFR Europe for May shipments.
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