Author: Saurabh Bihani
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India: Trade-level HRC prices remain stable amid limited demand
Hot-rolled (HR) and cold rolled (CR) coil prices experienced a degree of stability. Consequently, the current price range for HRCs and CRCs stands at INR 48,500-51,500/t and INR 55,900-58,500/t respectively across various markets. The trade market overall remained flat amid limited trades and a credit crunch. BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250,…