Tag: HRC offers to Europe

Indian mill books small parcel of HRC to Europe; offers up by $20/t

Jan 31, 2023

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by

Kalpesh Padhiar

in HRC

A private Indian mill has booked a small parcel of HRC for export to Europe at $780/t CFR last week for end-February or early-March delivery, sources informed. Meanwhile, Indian mills have increased their fresh indications by $20/t to $800/t CFR Antwerp. Improved restocking demand in Europe and buoyant global market sentiments are pushing offers higher.