Tag: India: Mills announce further HRC CRC price hikes; trade segment follows
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India: Mills announce further HRC, CRC price hikes; trade segment follows
A few steel majors announced subsequent prices hikes in hot-rolled coils (HRCs) and cold rolled coils (CRCs) in addition to the ones taken in the first week of March. Hence, trade level prices shot up by INR 5,000-6,000/t ($65-79/t) for HRCs while CRCs saw further hikes by INR 7,000-8,000/t ($92-105/t) in key markets, this week.…