Tag: HRC Prices
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Indian HRC Prices Stable; Low Cost Import may Put Pressure
Indian Hot Rolled Coil (HRC) prices remain unchanged for this week. However, market participants anticipate correction amid low import cost. HRC prices in domestic market trades at similar levels as compared to last week. Current prices for 2.5 mm HRC (IS 2062) are assessed at INR 33,500/MT (including Excise of 12.5%) in Mumbai and INR…