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Tag: India Domestic HRC CRC Prices

  • India: CRC finds takers but tough road ahead for HRC?

    India: CRC finds takers but tough road ahead for HRC?

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    HRC-CRC spread drops a nominal INR 300/t ($4/t) in May HRC on backfoot as exports dry up, inventory builds up Buyers for CR products may get active if prices stabilise Morning Brief: The spread between hot rolled (HR) and cold rolled (CR) coils dropped by a nominal INR 300/t ($4/t) to INR 10,000/t ($129/t) in…