Tag: hot rolled coil prices
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India: Domestic HRC prices bearish on dull demand
Domestic HRC trade prices continued to remain under pressure as market sentiments were bearish amid sluggish sales. SteelMint’s prices for the benchmark 2.5 mm hot-rolled coils (HRC) remained unchanged at INR 64,000-65,000/tonne (t) exy-Mumbai for the second consecutive week. The prices mentioned above are exclusive of GST @18%. However, prices in the other key markets…