Category: CRC
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India: Trade-level HRC, CRC prices fall by up to INR 900/t m-o-m in Jun’25
Price drop expectations prompt need-based buying Sellers focus on clearing stocks before quarter-end India’s monthly average trade-level hot-rolled coil (HRC, 2.5-8mm/CTL, IS2062, Gr- E250 Br.) prices declined by approximately INR 900/tonne (t) to INR 51,100/t in June 2025 from the previous month’s INR 52,000/t exy-Mumbai. Simultaneously, cold-rolled coils (CRCs, 0.9mm/CTL, IS513, Gr-O) dropped INR 800/t…