Author: Saurabh Bihani

  • India: Trade-level HRC prices increase by up to INR 500/t w-o-w

    India: Trade-level HRC prices increase by up to INR 500/t w-o-w

    Market awaits mills’ Jan price list Buyers reject higher price band Hot-rolled coil (HRC) prices increased by up to INR 500/t ($6/t) to INR 46,700-48,500/t ($642-679/t). Conversely, cold-rolled (CR) coil prices remained range bound at INR 53,400-58,800/t ($703-762/t) across markets. Despite an increase in offers stemming from the safeguard duty investigation, most buyers across India…