Tag: Domestic HRC prices
-
India: Domestic HRC prices correct over subdued demand
Indian HRC trade prices declined sharply by INR 1,500-2,000/tonne (t) this week due to sluggish demand in the market. However in Mumbai, prices remained largely moderate. SteelMint’s benchmark prices for 2.5mm hot-rolled coils (HRC) stand at INR 66,000-67,000/t (exy-Mumbai) this week. The prices mentioned above do not include GST @18%. Domestic HRC trade prices remained…