Author: shreyansh
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India: Trade-level HRC prices register decline amid weak demand, cautious buying sentiment
Monsoon-led construction slowdown continues to weigh on demand Participants prioritize clearing old dues amid credit-related slowdown India’s trade-level HRC prices softened during the week ended 7 July 2026, with market offers reported in the range of INR 54,900-59,100/t ($578-623/t). Trading activity remained subdued, as slow demand and predominantly need-based procurement continued to limit overall market…