Author: Shruti Tripathi
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India: Trade-level HRC prices fall by up to INR 600/t w-o-w on weak seasonal demand
CRC prices fall by up to INR 900/t w-o-w Market to remain subdued during monsoon Trade-level prices of hot-rolled coils (HRCs) in India declined by up to INR 600/tonne (t) w-o-w to INR 49,500-51,500/t ($577-601/t) across markets. Moreover, cold-rolled coil (CRC) prices dropped by INR 900/t w-o-w to INR 55,500-59,800/t ($647-697/t). BigMint’s benchmark assessment (bi-weekly)…