Tag: domestic HRC prices remain stable

This week domestic HRC and CRC trade prices remained largely stable, except in Faridabad where prices increased by INR 200-300/t w-o-w. The major steel mills announced a price hike by INR 1,000-2,500/t last week for Oct deliveries. Traders and stockiest of different regions shared that “momentum has slowed down a bit and buying interest at…