Author: shreyansh
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India: HRC prices soften w-o-w as weak demand, tight liquidity weigh on trade
Need-based buying persists as working capital constraints keep fresh procurement subdued. OEM demand lends limited support, with broader market sentiment remaining cautious. India’s hot-rolled coil (HRC) market remained subdued during the week ended 21 July 2026, as weak downstream demand and persistent liquidity constraints continued to suppress trading activity. Trade-level HRC offers were reported at…