Tag: India: Semi-conductor speed-breaker keeps HRC-CRC spread range-bound

HRC-CRC delta at INR 4,300/t in Feb Chip shortage keeps spread in narrow range since Oct’21 Likely easing in chips crisis to boost CRC demand Exports demand to increase, give further boost to CRC demand, prices Delta may broaden in coming months Morning Brief: The price spread between benchmark hot rolled and cold rolled coil…