Author: Pratibha Bajaj

This week domestic HRC prices remained stable amid dull buying and softening of demand in domestic market. Market participants shared, arrival of monsoon season along with festive month of Ramadan has lead to weak purchases in traders market. Currently trade reference prices (basic) for HRC (IS2062) 2.5 mm-8 mm are assessed at INR 46,000/MT (ex-Mumbai),INR…