Tag: Domestic HRC trade prices increases
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India:Domestic HRC trade price increases on demand recovery
Indian HRC trade prices reported a sharp increase of around INR 1500-2000/t especially in Northern India including Faridabad, Ludhiana and Delhi. In other markets trade prices of HRC increased by around INR 750-1000/t. Meanwhile, as per SteelMint benchmark price assessment for 2.5mm thickness, HRC increased by INR 250/t INR 54,000-54,500/t (exy-Mumbai) w-o-w. *Prices mentioned above…