Author: Saurabh Bihani

India: Trade-level HRC offers surge by up to INR 1,700/t w-o-w following safeguard duty recommendation

Mar 21, 2025

—

by

Saurabh Bihani

in HRC

Market buzzing with rumours of mill price hikes in coming week BigMint’s HRC export index remains unchanged w-o-w Trade-level HRC offers surged by up to INR 1,700/t w-o-w to reach INR 49,400-52500/t across domestic markets. Cold-rolled coil (CRC) prices increased by up to INR 1,000/t w-o-w, settling at INR 55,000-58,800/t following recommendation of a 12%…