Tag: HRC trade price
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India: Low demand weighing down domestic HRC trade prices
Domestic hot-rolled coil (HRC) prices in the trade segment continue with the downward trajectory in key markets as end-user demand remains sluggish. SteelMint’s benchmark price assessments of 2.5-8 mm IS 2062 hot-rolled coils (HRC) stood at around INR 66,000-66,500/t (exy-Mumbai) as compared to INR 67,000-67,500/t seen a week ago. The prices mentioned above are exclusive…