Author: Shruti Tripathi
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India: Trade-level HRC prices remain rangebound w-o-w despite improved demand
Trade-level prices of hot-rolled coils (HRCs) in India remained range-bound w-o-w at INR 49,200-51,200/t ($562-584/t). However, cold-rolled coil (CRC) prices showed mixed trends w-o-w, ranging between INR 55,100-59,100/t ($629-675/t). BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250, 2.5-8 mm/CTL) held stable w-o-w to INR 50,200/t ($573/t) on 8 August 2025. Similarly, on the other…