Tag: India: HRC trade segment prices fall on decline in export offers
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India: HRC trade segment prices fall on decline in export offers
Indian hot-rolled coil (HRC) prices continued to decline further across regions on the back of sluggish demand and a drop in export offers amidst lack of buying interest and increased competition this week. SteelMint’s benchmark price assessment for HRC stood at INR 74,500-75,500/t ($979-992/t), down INR 1,600/t w-o-w. CRC, too, fell by INR 900/t to…