Tag: HRC offers
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Indian HRC Offers Continue to Remain Stable during Week 30
Indian HRC prices remained stable this week. However, demand remained subdued on seasonal slowdown. Current offers for 2.5mm HRC (IS 2062) are assessed at INR 33,500/MT (including excise of 12.5%) at Mumbai and INR 34,000/MT (including excise of 12.5%) at Delhi. Mixed sentiments persist in market. Traders and stockists expect domestic prices should decline by…