Tag: Declining raw material prices
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India: Domestic HRC, CRC trade prices decline further on limited market activities
The domestic market activities remained slow since the beginning of this week with buyers turning to the sidelines and awaiting price announcements by mills in the coming week. This, further, weighed on the prices of hot-rolled coils (HRC) and cold rolled coils (CRC). SteelMints benchmark HRC (IS 2062, 2.5-8mm) prices were assessed at INR 68,500-69,500/tonne…