India: CRC export offers to Europe fall w-o-w amid slow demand
Indian CRC export offers to Europe fell by $5/t w-o-w to $635/t FOB east coast, India ($680/t CFR Antwerp). This downward trend was influenced by European mills offering lower prices to stimulate domestic demand. Exports to the EU remained limited due to concerns surrounding safeguard duties and anti-dumping measures. Meanwhile, Chinese CRC export offers increased by $5/t w-o-w to $525/t FOB.