Author: Shruti Tripathi

HRC trade prices dip amid weak demand High inventories keep market under pressure Trade-level prices of hot-rolled coils (HRCs) in India fell on 2 December amid soft market sentiment. Prices declined in some markets, while other regions recorded range-bound trends. HRC prices stood at between INR 45,500-47,600/tonne (t) ($506-529/t) across regions. Cold-rolled coil (CRC) prices…