Author: BigMint Technologies Pvt Ltd
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Indian HRC Prices May Decline on Low Buying Interest – Traders
Indian flat steel traders and stockists are anticipating a fall in domestic HRC (Hot Rolled Coil) prices on account of low buying interest. Indian manufacturers had raised their offers by INR 1,000-1,200/MT (USD 15-18/MT) in the month of May on better export realizations. But with falling global HRC offers, export realizations for Indian manufacturers are…