Author: Saurabh Bihani
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India: Trade-level HRC prices fall by up to INR 200/t ($2/t) w-o-w amid upcoming monsoon
Sellers under pressure to offload CRCs EU export offers down $10/t w-o-w Trade-level prices of India’s hot-rolled coils (HRCs) fell by up to INR 200/tonne ($2/t) w-o-w, to INR 51,100-53,000/t ($600-622/t) across markets. Cold-rolled coil (CRC) prices showed mixed trend w-o-w at INR 56,600-61,500/t ($664-722/t). BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250, 2.5-8…