Author: Shruti Tripathi
-
India: Trade-level HRC prices show signs of recovery in key markets
BigMint’s benchmark HRC assessment up INR 800/t Balanced demand keeping prices range-bound Trade-level prices of hot-rolled coils (HRCs) in India showed mixed trends w-o-w, with prices hovering around INR 45,600-47,800/t ($502-526/t). Cold-rolled coil (CRC) prices showed mixed trends w-o-w, ranging between INR 50,500 and INR 55,500/t ($555-610/t). BigMint’s benchmark assessment (bi-weekly) for HRC (IS2062, Gr…