SteelMint

Tag: India: Domestic trade-level HRC CRC prices stable w-o-w

  • India: Domestic trade-level HRC, CRC prices stable w-o-w

    India: Domestic trade-level HRC, CRC prices stable w-o-w

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    by

    Kanishka Chhabria
    in

    Demand for hot-rolled coils (HRC) and cold-rolled coils (CRC) in the domestic market have witnessed signs of improvement in anticipation of a healthy festive demand. Thus, SteelMint’s weekly assessment for HRCs (2.5-8mm) stands more or less stable at INR 56,000-57,000/t ($701-713/t), showing a slight INR 400/t ($5/t) increase, while CRCs (0.9mm) remained unchanged at INR…