Tag: Domestic HRC trades prices uptick
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India: Domestic HRC Prices Uptick in Traders Market; Trades Remain Sluggish
This week Indian HRC prices witnessed marginal increase in domestic market post recent hike by major Indian steel mills by INR 500-1000/MT in the beginning of this month. Current trade reference prices in traders market for HRC (IS2062) 2.5 mm-8 mm is around INR 42,500-43,000/MT (ex-Mumbai) and INR 42,200- 42,500/MT (ex-Delhi) and INR 44,500MT (ex-Chennai).The…