Category: HRC
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India: HRC prices remain muted amid soft demand and cautious buying
Benchmark prices inch down by INR 100/t w-o-w Purchases limited to urgent requirements Trade-level prices of hot-rolled coils (HRC) in India remained range-bound in the week ending 26 May, with HRC prices assessed in the range of INR 56,500-59,500/t ($591-622/t) and cold-rolled coil (CRC) prices assessed at INR 61,000-68,000/t ($638-711/t). Demand remained weak, restricting buying…