India: CRC export offers to Europe remain rangebound w-o-w amid slow trades
Indian CRC export offers to Europe remained range-bound this week, with offers hovering around $655-660/t FOB east coast, India ($700-705/t CFR Antwerp) amid low trade activities. Market participants have been hesitant to import goods due to the risk posed by CBAM regulations, quotas, and antidumping investigations. Moreover, Chinese CRC exports offers remained stable w-o-w at $565/t FOB.