SteelMint

Category: HRC

  • India: Trade level HRC prices ease on weak demand and cautious sentiment

    India: Trade level HRC prices ease on weak demand and cautious sentiment

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    by

    Shruti Tripathi
    in

    Benchmark prices decline amid weak demand Cautious sentiment, soft input costs pressure market Trade-level prices of hot-rolled coils (HRC) in India remained stable-to-slightly lower this week, with HRC prices assessed in the range of INR 57,300-60,500/t ($613-647/t) and cold-rolled coil (CRC) prices assessed at INR 62,000-68,800/t ($663-736/t), as cautious market sentiment continued to weigh on…