Tag: impact of lockdown
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Will higher HRC and CRC prices sustain in domestic markets amid lockdowns?
Domestic trade prices of HRC and CRC continue to remain high– Indian HRC and CRC trade prices continue to remain at an all-time high post announcement of a third price hike by major steel mills for April deliveries. SteelMint’s benchmark prices for 2.5mm thickness HRC stands at INR 64,500-65,500/t and CRC at INR 77,000-78,000/t (exy-Mumbai).…