Author: Saurabh Bihani
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India: Trade-level HRC prices fall marginally by up to INR 500/t w-o-w amid slow sales
Sellers face pressure to clear stocks before quarter-end HRC export index falls $15/t w-o-w on weak EU demand Trade-level prices of hot-rolled coils (HRCs) in India declined marginally by up to INR 500/tonne (t) w-o-w to INR 50,900-52,900/t ($596-616/t) across markets. Meanwhile, cold-rolled coil (CRC) prices remained range-bound w-o-w at INR 57,000-60,900/t ($659-718/t). Market speculation…