Author: shreyansh
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India: HRC prices rise INR 300-700/t w-o-w amid firmer mill indications
Leading mills’ INR 500/t price hike provides support to domestic HRC prices. Automotive allocations increase, limiting trader-channel availability. India’s hot-rolled coil (HRC) market edged up during the week ended 18 August 2026, with prices increasing by around INR 300-700/t across select markets amid cautious buying activity, with trade-level offers broadly at INR 55,800-59,000/t ($589-616/t). BigMint’s…