Author: Nishtha Mukherjee

Domestic HRC prices spurt on restocking rush Hot rolled coil (HRC) prices have spurted sharply in the last fortnight. Distributor-level ex-Mumbai prices climbed up from INR 65,300/t ($868/t) in end-Sept’21 to INR 67,800/t ($901/t) in the first week of October and then further to INR 70,900/t ($942/t), narrowing the gap with cold rolled coils (CRCs)…