Author: Kalpesh Padhiar
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India: Trade-level HRC prices dip w-o-w amid slow demand
Mills’ list price cuts fail to spur buying Steady B2C sales offer relief to mills India’s trade level hot-rolled coil (HRC) prices showed a marginal drop of INR 100-600/tonne ($1-7/t) this week to INR 46,500-49,500/t ($548-584/t) amid slow sales across the assessed markets. Cold-rolled coil (CRC) tags dropped in a similar range to INR 52,500-58,500/t…