Tag: Domestic CRC prices gain momentum

India: Domestic CRC prices increase sharply on tight supply and robust demand

Sep 9, 2020

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by

Pratibha Bajaj

in HRC

Domestic CRC prices in have witnessed a steep hike of upto INR 3,000/t ($41) w-o-w. In western and southern India prices have risen by INR 1,500-2,000/t and by INR 2,500-3,000/t in northern India on a weekly basis. “Shortage of CRC and increased demand from the auto segment resulted in a steep hike in CRC prices”,…