Tag: China domestic HRC prices
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Indian HRC Trades Remain Slow After Mills Price Hike Announcement
This week, the domestic HRC trades remained slow after the announcement of the price hike by major Indian steel mills. Mills increased offers of around INR 1000-1500/MT for Feb’20 deliveries. Market participants shared with SteelMint that trade inquiries remain limited as buyers seemed hesitant to make fresh bookings. HRC prices in the trade segment remained…