Author: Saurabh Bihani
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India: Trade-level HRC offers decline marginally by up to INR 300/t w-o-w amid falling sales
Subdued demand leads to need-based procurement Leading steelmaker may take maintenance shutdowns Trade-level hot-rolled coil (HRC) prices across India edged down by up to INR 300/tonne (t) w-o-w to INR 47,300-49,700/t. Conversely, cold-rolled coil (CRC) prices witnessed mixed trends w-o-w, settling at INR 52,600-56,000/t ($617-671/t) across markets. BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr…