Tag: Europe: Indian HRC export prices remain stable w-o-w

  • Europe: Indian HRC export prices remain stable w-o-w

    Europe: Indian HRC export prices remain stable w-o-w

    Indian HRC export (S275) offers remained stable at $835-840/t CFR EU in a recent deal. A private Indian steel major booked very small quantity of HRCs for export at $835/t CFR Antwerp and $840/t CFR UK last week. However, quantity remained elusive. Lengthening lead times and increasing offers in the domestic market could stimulate demand…