Category: CRC
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India: Trade-level HRC, CRC prices rise by up to INR 1,300/t ($15/t) w-o-w
Trade-level prices for hot-rolled coil (HRC) rose by up to INR 1,300/t ($15/t) w-o-w, reaching INR 51,500-53,800/t ($609-636/t) across markets. Cold-rolled coil (CRC) prices also increased by up to INR 1,100/t ($13/t) w-o-w, now at INR 59,600-60,300/t ($705-713/t). Participants are taking a cautious approach, opting to undertake a need-based buying approach. The market is abuzz…