Author: Shruti Tripathi

Stocks stay elevated at distributors, mills Liquidity constraints limit HRC purchases Trade-level prices of hot-rolled coils (HRCs) in India showed mixed trends in the week ended 18 November. Prices declined in some markets, while other regions witnessed range-bound trends. HRC prices stood at INR 46,500-48,100/tonne (t) ($526-544/t) across regions. Cold-rolled coil (CRC) prices ranged between…