Tag: India: Trade-level HRC-CRC prices drop by up to INR 600/t w-o-w as festive mood seeps in

Domestic trade level prices of hot-rolled (HR) and cold-rolled (CR) coils have come under pressure this week.  These dropped w-o-w by INR 500/t and INR 600/t respectively in the Mumbai market. The prices dropped towards the beginning of the week after having increased in the previous week. Restocking by the distribution network was mostly done…