Tag: CRC prices remain rangebound even as market awaits election results

Hot-rolled coil (HRC) and cold-rolled (CR) coil prices in India have remained relatively rangebound as market participants are awaiting the results of the ongoing general elections after which market activities are expected to gather momentum. BigMint’s benchmark assessment (bi-weekly) for domestic HRC (2.5-8mm, IS2062, Gr E-250 Br.) increased by INR 100/t w-o-w ($1/t) to settle…