Tag: Domestic HRC prices correct further

Indian HRC trade prices recorded further fall since the market is quiet and bearish due to sluggish trade. Traders are expecting a further fall in prices, thus delaying their purchases in the market. SteelMint’s prices for the benchmark 2.5mm hot-rolled coils (HRCs) stand at INR 64,000-65,000/t (exy-Mumbai), showing a decline of INR 500-1000/t w-o-w against…