Tag: HRC Prices

After the expectation for import duty hike was quashed, Flat steel prices headed for another correction this month. As per trade sources, HRC prices have declined by INR 1,000-1,300/MT (USD 16-21/MT) as compared to last month’s prices. Currently, IS 2062 grade HRC (2.5 mm) is being traded at INR 37,000-37,500/MT. SteelMint learnt from market sources that…