Tag: India: HRC trade market prices show mixed trends as demand softens during holidays

  • India: HRC trade market prices fall INR 1,100/t since end-July

    India: HRC trade market prices fall INR 1,100/t since end-July

    Decline in global HRC offers impacts domestic buying     Enquiries, sales decline amid festive holidays in latter half of August Trade-level prices of hot-rolled coils have dropped about INR 1,100/t ($14/t), or 1.9%, compared with end-July, as per SteelMint assessment. Improved buying in the early days of the month and tight supplies were primary factors…