Author: Rahul Shrivas

  • India: HRC prices rise on mill hikes, improved demand; bullish outlook persists

    India: HRC prices rise on mill hikes, improved demand; bullish outlook persists

    Trade offers climb amid tighter spot availability Buyers increase coverage on immediate requirements India’s hot-rolled coil (HRC) market strengthened further during the week ended 25 August 2026, with trade-level prices increasing by around INR 100-600/t across key markets. Buying activity remained cautious, while trade-level offers were reported in the range of INR 56,500-59,500/t ($592-624/t). BigMint’s…