Tag: CRC prices

  • Indian CRC Prices Slump Amid Oversupply

    Indian CRC Prices Slump Amid Oversupply

    Domestic steel players’ move to clear off inventory before the end of fiscal year FY16 and influx of cheap imports lead to oversupply of CRC in domestic market. While Indian HRC prices registered a fall of INR500/MT this week, CRC market crashed down with prices falling in the range of INR 2,000-2,500/MT over last week. Current…