Tag: Domestic HRC trade prices

  • India: Domestic HRC prices soften on sluggish demand

    India: Domestic HRC prices soften on sluggish demand

    Indian HRC trade prices declined by INR 1,500-2,000/tonne (t) this week in the northern region due to slow demand in the domestic market. Traders shared with SteelMint that, “Buying enquiries remain dull and we are reluctant to procure material at such higher prices.” At the beginning of this month, Indian mills sharply raised HRCs and CRCs prices by around INR 3,000-4,000/t for…