Booking activity in the Indian import HRC market

Russian mill MMK has recently concluded a booking to Indian end-users for large tonnage HRC of 1.8-2.0 mm thickness and 900 mm width at a price level of $440-460/mt CFR, for March shipment. In another HRC deal to India, ArcelorMittal France has concluded a deal for large tonnage HRC of 2.0 mm thickness to Indian end-users in the range of $450-460/mt CFR, also for March shipment.