Tag: India: Slow demand keeps weighing on HRC trade-level prices

Trade market prices of HRC drop by INR 1,700/t w-o-w Slow buying interest in both domestic and overseas markets Mills might go for maintenance shutdowns The domestic trade market prices of hot-rolled coils (HRC) and cold-rolled coils (CRC) continued to move southward. Bearish sentiments and low buying interest in both domestic and global HRC markets…