Tag: Domestic HRC prices corrected in traders market

India: Domestic HRC Prices in Traders Market Correct by INR 500-1000/MT (USD 7-14)

Mar 27, 2019

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by

Pratibha Bajaj

in HRC

Upcoming general assembly elections, end of fiscal year combined with cheaper imports have kept Indian domestic HRC prices under pressure. This week domestic HRC prices corrected by INR 500-1000/MT in traders market.Current trade reference prices in traders market for HRC (IS2062) 2.5 mm-8 mm is around INR 42,000/MT (ex-Mumbai) and INR 41,800/MT (ex-Delhi) and INR…