Tag: India: HRC trade-level prices rise marginally by $11/t w-o-w as mills indicate price hike

Decline in HRC trade prices pauses Mills likely to announce mid-term increase in list prices The trade-level prices of domestic hot-rolled coils (HRC) edged up by $11/tonne (t) this week as major flat steel producers are indicating a hike in prices for mid-September. SteelMint’s weekly price assessment of HRCs (IS2062, 2.5-8mm) stood at around INR…