Author: Shruti Tripathi

  • India: Trade-level HRC prices remain stable w-o-w amid slow demand

    India: Trade-level HRC prices remain stable w-o-w amid slow demand

    Benchmark HRC index down INR 200/t  CRC prices remain stable w-o-w Trade-level prices of hot-rolled coils (HRCs) in India remained stable w-o-w at INR 49,200-51,200/t ($561-584/t). Similarly, cold-rolled coil (CRC) prices stayed firm w-o-w ranging between INR 55,100-59,100/t ($628-674/t). BigMint’s benchmark assessment (bi-weekly) for HRC (IS2062, Gr E250, 2.5-8 mm/CTL) dropped by INR 200/t ($2/t)…