SteelMint

Tag: domestic hrc prices remained under pressure

  • India: Domestic HRC Trade Prices Continue to Remain Under Pressure

    India: Domestic HRC Trade Prices Continue to Remain Under Pressure

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    by

    Pratibha Bajaj
    in

    This week domestic HRC prices continued to fall further by around INR 300-500/MT  in the traders market as the steel markets  remain affected due to lock-down announced by Indian government from 23rd Mar’20. Only 20-25% of trades happening in domestic, shared by a trader in Mumbai region. SteelMint’s current assessment for HRC (IS 2062, 2.5 – 8mm)…