Tag: Domestic HRC and CRC prices

  • India: Domestic HRC prices touches one year high

    India: Domestic HRC prices touches one year high

    Indian HRC prices recorded an almost one year high in Aug ’20 amid tight domestic supplies. Currently, HRC prices are at INR 40,250-41,250/t (ex-Mumbai), a level not seen since Jun ’19. Mills have announced three consecutive price hikes this month on limited supply and restocking demand in the domestic market. Further, on a weekly basis,…