Author: BigMint Technologies Pvt Ltd

Indian HRC prices remained firm this week after discount of upto INR 1,000/MT were offered by major steel mills. Current offers for 2.5 mm IS 2062 grade were assessed at INR 35,000/MT (ex-yard Delhi, including excise; VAT extra) and INR 34,000-34,500/MT (ex-yard Mumbai, including excise; VAT extra). Over all demand remains subdued owing to cheaper…