Author: Saurabh Bihani
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India: Trade-level HRC prices stay range-bound in run-up to festive season
Market sees need-based buying HRC exports remain subdued Trade-level hot-rolled coil (HRC) and cold-rolled coil (CRC) prices remained range-bound at INR 46,000-51,000/tonne (t) ($599-629/t) and INR 55,500-60,000/t ($685-734/t), respectively, across various markets. BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250, 2.5-8 mm) and CRCs (IS513, Gr O, 0.9 mm) remained stable at INR 47,100/t…