Author: Shruti Tripathi

Slight post-festive uptick; sentiment improving Shutdowns, price revisions to guide trend Trade-level prices of hot-rolled coils (HRCs) in India showed an uptrend w-o-w to reach INR 46,700-49,000/tonnes ($526-552/t). Cold-rolled coil (CRC) prices ranged between INR 52,600-57,000/t ($593-643/t). However, BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250, 2.5-8 mm/CTL) inched up by INR 200/t ($2/t)…