Category: HR Plate
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India: Mills announce interim HRC-CRC price hikes; trade-level tags stay range-bound
Several prominent producers of hot-rolled (HR) and cold-rolled (CR) coils in India have declared an interim price increase of INR 500/t ($600/t) for late April 2024 sales. This move comes against a backdrop of fluctuating market trends and mixed sentiments within the industry. Following the announcement, the list prices set by mills for HRCs (IS2062,…