Tag: Higher realisations in EU market keep interest high

Indian mills are actively booking hot rolled coils (HRC) for exports to Europe amid higher realisations and increased quota limits. Moreover, a deal involving 1,000-2,000t HRC (S275) was reported to have been booked at $1,365/t CFR Europe towards the end of the previous week. This stands higher by $75/t from the previous deal heard at…