Author: Shruti Tripathi
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India: Trade-level HRC prices edge up w-o-w following mill price hike announcements
Mill price hikes push HRC prices Post-festive trade activity rebounds Trade-level prices of hot-rolled coils (HRC) in India increased w-o-w following the announcement of price hikes by mills, with HRC prices assessed in the range of INR 50,000-52,900/t ($550-581/t). In line with this trend, cold-rolled coil (CRC) prices also edged up w-o-w, with prices assessed…