Category: HRC
-
India: HRC prices decline slightly on subdued demand and cautious market sentiment
Demand stays need-based; coking coal drops $7/t w-o-w Supply tightens in north India; inventory weighs on prices in west 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 57,300-61,000/t ($616-655/t) and cold-rolled coil (CRC) prices assessed at INR 62,200-69,800/t ($668-750/t), as subdued…