CRC offers to India dry up as domestic prices remain weak

Dec 21, 2011 | 09:33 AM |

Offers for cold rolled coil (CRC) to India, mainly of Chinese origin, have dried up as prices for the material in the domestic market continue to be lower than export offers. Chinese mills which usually export large quantities of CRC to India are not willing to bring down their export offer below $710-720 per tonne cfr Mumbai – higher than current domestic prices in India, according....

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