Tag: HRC Prices

Indian HRC offers have declined by INR 200-300/MT in retail market owing to sluggish demand and cheaper import. Current offers for 2.5 mm HR Coil (HRC) are assessed at INR 36,000/MT Ex-Delhi, INR 35,000-35,500/MT Ex-Mumbai and INR 35,800/MT Ex-Chennai (all prices including Excise). While, Ex-works prices for steelmakers are around INR 28,500-29,500/MT (excluding Excise). “Prices…