Category: CRC
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India: Trade-level HRC prices fall up to INR 500/t ($6/t) w-o-w amid weak demand, tight liquidity
Need-based buying pressures HRC prices Market to stay range-bound in near term Trade-level prices of hot-rolled coils (HRCs) fell up to INR 500/t ($6/t) w-o-w, to INR 51,900-53,500/t ($609-627/t) across markets. Cold-rolled coil (CRC) prices declined by up to INR 600/t ($7/t) w-o-w, to INR 57,000-61,000/t ($668-715/t). Both HRC and CRC prices fell, as demand…