SteelMint

Tag: Domestic HRC prices

  • Indian HRC trade prices remain under pressure on tepid demand

    Indian HRC trade prices remain under pressure on tepid demand

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    by

    Pratibha Bajaj
    in

    This week domestic HRC trade prices fell further by around INR 250-500/t owing to lower sales, liquidity issues, and sluggish demand hovering in the domestic market. Current HRC & CRC prices of major markets – —SteelMint’s assessment for HRC (IS 2062, 2.5 – 8mm) for trade segment stands at INR 35,500-36,000/t (ex- Mumbai), INR 35,500-35,800/t…