SteelMint

Tag: India Domestic HRC CRC Prices

  • Softening Demand Keeps Indian Domestic HRC Market Sentiments Pessimistic

    Softening Demand Keeps Indian Domestic HRC Market Sentiments Pessimistic

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    by

    Pratibha Bajaj
    in

    This week domestic HRC prices witnessed slight decline by INR 250-500/MT in traders market. Liquidity crunch, increased inventories and inactive demand resultant to continual fall in domestic HRC prices. As per SteelMint price assessment trade reference prices for HRC (IS2062,2.5-8mm) is currently at INR 35,000-36,000/MT (Ex-Mumbai), INR 35,000-36,000/MT (ex-Delhi) and INR 37,000-38,000/MT (ex-Chennai). Prices mentioned…