Author: Saurabh Bihani

Market facing high inventory, liquidity crunch Imports contract to their lowest point this fiscal India’s trade-level prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) remained stable this week across regions. Prices of HRCs ranged from INR 46,700-48,700/t ($549-573/t and for CRCs, at INR 53,200-58,500/t ($625-688/t). Market activity was subdued due to high inventory levels…