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CRC import prices fall by $10

Headlines  |  2013-05-30 08:52:24

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

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