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

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.