SteelMint

Tag: India: HRC prices edge lower as trades slow down

  • India: HRC market prices edge lower as trades slow down

    India: HRC market prices edge lower as trades slow down

    —

    by

    Kalpesh Padhiar
    in

    Hot-rolled coil (HRC) prices in India continued to decline further across regions as sluggish demand and continual decline in export offers weighed on trade reference prices over the past few weeks. SteelMint’s benchmark price assessment for HRC stood at INR 73,000-74,000/t ($953-967/t), down INR 1,300/t ($17/t) w-o-w, while CRC prices fell by INR 2,200/t ($29/t)…