SteelMint

Tag: Domestic HRC prices remain rangebound

  • India: Domestic HRC trade prices remain range-bound on lower sales

    India: Domestic HRC trade prices remain range-bound on lower sales

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    by

    Pratibha Bajaj
    in

    India’s domestic Hot Rolled Coil (HRC) prices remained range-bound this week on subdued demand and bearish sentiments prevailing in the domestic market. Prices continued to remain under pressure on higher inventories among traders. SteelMint’s benchmark prices for 2.5mm thickness HRC stands at INR 53,500-54,500/t (exy-Mumbai), up by INR 250/t w-o-w. *As per SteelMint HRC price…