Tag: Domestic HRC prices trade one year low
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Indian HRC Trade Prices Drop to Over 1-Year Low; Import Bookings Reported
Domestic HRC & CRC prices in traders market reported further decline of around INR 1000-1500/MT ($14-21) against last week. This week Indian flat steel prices witnessed further correction in traders market amid cost effective imports along with dull domestic demand. Low trades and sluggish sales volume pulled down HRC prices in domestic market. Domestic HRC…