Category: HR Plate

India: Trade-level HRC, CRC prices fall by up to INR 800/t in Jan’24 amidst imports and domestic alternatives

Feb 1, 2024

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by

Saurabh Bihani

in CRC, HR Plate, HRC

The average prices of trade-level hot-rolled coils (HRCs) have experienced a m-o-m decline, decreasing by approximately INR 800/t to reach INR 54,300/t exy Mumbai in January 2024 against previous month’s figure of INR 55,100/t exy-Mumbai. Concurrently, cold-rolled coils (CRCs) have seen a marginal decrease of INR 400/t on a m-o-m basis, settling at INR 62,000/t…