HRC prices in Indonesia likely to rise on tight supply

According to the sources prices of hot rolled coil (HRC) in Indonesia are expected to rise within the next two to four weeks due to short supply in the market.

 

A trader in Jakarta said that coils of certain thickness i.e. thickness of 4mm or below 4mm thickness are running short in the market, another trader in Jakarta said that coils of 3.8-3.9mm are available but in a limited stock and are sold on first come first basis.



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