Author: Shruti Tripathi
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India: HRC prices remain range-bound amid bearish market conditions
Need-based buying keeps HRC prices within a narrow range Seasonal demand weakness expected to persist in near term Trade-level prices of hot-rolled coils (HRC) in India remained largely range-bound during the week ended 9 June 2026, with offers reported in the range of INR 56,200-59,400/t ($589-6236/t). The market continued to witness cautious buying activity, as…