Tag: 500/t ($20/t)

India: Trade segment HRC prices correct further by INR 1,500/t ($20/t)

Dec 16, 2021

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by

Kalpesh Padhiar

in HRC

Domestic prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) continued to decline for the fifth consecutive week. The continual decline in export offers on the back of slow demand is weighing on buying sentiments. SteelMint’s benchmark HRC (IS 2062, 2.5-8mm) prices were assessed at INR 65,000-65,500/t (down, INR 1,500/t), while those of CRCs (IS…