CRC import prices fall by $10
ffer prices for cold rolled coil (CRC) imported into India fell by about $10 per tonne over the past weekend, although very few shipments have been booked.
Shanghai(ScrapMonster): Offer prices for cold rolled coil (CRC) imported into India fell by about $10 per tonne over the past weekend, although very few shipments have been booked.
The price for the material, mainly of Chinese origin, came down to $600-605 per tonne cfr Mumbai from $610-615 per tonne cfr for earlier shipments. 'I had offered at Chinese CRC $610-615 levels but nobody bought from me, as others offered at $600-605 per tonne cfr at the start of this week,' one market participant said.
Courtesy : metalbulletin.com