Tag: Indian CRC export offers to EU remains stable amid sluggish market sentiments
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Indian CRC export offers to EU remain stable amid sluggish market sentiments
Indian cold rolled coil (CRC) export offers to Europe remained unchanged for the week at $725-730/tonne (t) CFR Antwerp ($675-680/t FOB east-coast India) due to soft summer demand and overflowing inventories. However, a deal of around 5,000 t was concluded at $800/t CFR Antwerp for late-August shipments. The European market for CRCs experienced a seasonal…