Author: Shruti Tripathi

HRC prices dip by INR 300/t Festive lull slows trade activity Trade-level prices of hot-rolled coils (HRCs) in India showed a downtrend w-o-w to reach INR 47,000-49,500/tonnes ($529-557/t). Additionally, cold-rolled coil (CRC) prices fell w-o-w, with prices ranging between INR 53,300-57,800/t ($600-651/t). BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250, 2.5-8 mm/CTL) decreased by…