Author: Saurabh Bihani

Demand gradually declines ahead of Holi Supply-demand gap leads to uncertainty Trade-level hot-rolled coil (HRC) prices showed mixed trends w-o-w, maintaining a range of INR 48,900-51,000/tonne (t) across India. However, cold-rolled coil (CRC) prices remained firm w-o-w, settling at INR 54,800-58,800/t across markets. BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250, 2.5-8 mm/CTL) increased…