Author: shreyansh
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India: HRC prices increase w-o-w as leading mills’ rebate rollback supports domestic market
HRC buying improves amid stable price expectations Trade activity picks up on restocking requirements India’s hot-rolled coil (HRC) market strengthened slightly during the week ended 4 August 2026, supported by improved buying activity, after leading mills withdrew the rebate of around INR 750-800/t that they had been giving last month. Trade-level HRC offers were reported…