Tag: India: Trade-level HRC offers slip by up to INR 300/t w-o-w

  • India: Trade-level HRC offers slip by up to INR 300/t w-o-w

    India: Trade-level HRC offers slip by up to INR 300/t w-o-w

    Exports to Vietnam muted despite dumping exemption Buyer resistance, fiscal year-end may keep prices stable Trade-level hot-rolled coil (HRC) prices across India declined marginally by up to INR 300/tonne (t) w-o-w to INR 47,200-49,500/t. Conversely, cold-rolled coil (CRC) prices witnessed mixed trends w-o-w, settling at INR 53,100-56,000/t ($617-671/t) across markets. BigMint’s benchmark assessment (bi-weekly) for…