Tag: Domestic HRC prices
-
India: Domestic HRC Prices Fall Further on Dull Trades
Domestic HRC prices fell by around INR 500-1000/MT (USD 6.5-13) in the traders market this week.With hardly 15-20% of trades taking place, markets are yet to resume trades fully. SteelMint’s current assessment for HRC (IS 2062, 2.5 – 8mm) stands at INR 37,000-37,250/MT (ex- Mumbai),INR 37,000-37,500/MT (ex-Delhi),and INR 38,500- 39,000/MT (ex- Chennai).The prices mentioned above are basic, and extra GST…