SteelMint

Tag: Flat Steel Prices

  • India: HRC, CRC prices fall by up to INR 1,000/t ($13/t) w-o-w

    India: HRC, CRC prices fall by up to INR 1,000/t ($13/t) w-o-w

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    by

    Kalpesh Padhiar
    in

    Trade-level prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) continued to decline this week on the back of slow demand. Moreover, the levy of 15% export tax and expectation of market participants of an increase in supplies in the distribution network further weighed on sentiments. SteelMint’s benchmark price assessment for hot rolled coils (HRCs)…