Tag: domestic HRC trade prices increase on tight supply

Traded prices of domestic HRC cargoes reported an increase of INR 500-1,000/t ($7- 13) this week, as Indian mills increased prices yesterday. Tight stocks with mills also supported prices. SteelMint’s assessments of HRC and CRC prices- HRC (IS 2062, 2.5 – 8mm) prices were at INR 37,500-38,250/t (ex- Mumbai), INR 37,000-38,000/t (ex-Delhi) and INR 38,500-39,000/t…