Author: BigMint Technologies Pvt Ltd

Indian Hot Rolled Coil (HRC) prices observed some correction this week in retail market amid weak demand and availability of cheaper imported cargoes. 2.5 mm HRC prices are assessed at INR 36,000-36,500/MT ex-Delhi (including Excise) and around INR 36,000/MT ex- Chennai/Mumbai (including Excise). A trader based in Mumbai said, “There has been no official price…