SteelMint

Tag: HRC

  • Indian HRC-Rebar Spread Remains Reversed in H1 FY’25

    Indian HRC-Rebar Spread Remains Reversed in H1 FY’25

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    by

    Simran Chanana
    in ,

    The HRC-rebar spread reversed sharply again in September, 2024, after normalising in the preceding month, reveals BigMint data. Usually, hot rolled coils (HRCs) are sold at a premium to rebars. However, HRCs consistently remained priced lower m-o-m against rebar over April-July, then increased by a mere INR 300/t ($4/t) in August, only to decrease by…