Author: Saurabh Bihani

Domestic trade-level prices remain range-bound w-o-w Weak demand may keep trade-level tags range-bound Indian tier-I steel mills have officially announced an increase of INR 1,500-2,000/t ($6-18/t) in list prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) for February 2025 sales against end-January 2025 levels. While this price hike was confirmed by several mills, official…