Tag: India: Trade level HRC prices decline marginally; moderate demand amid price pressure from imports

At the trade level, there has been a slight downturn in prices for hot-rolled (HR) coils. In contrast, cold-rolled (CR) prices have remained stable in the assessed markets. The market has shown resilience to the mills’ efforts to raise list prices, as the trading sector continues to experience sluggishness and operates at discounted levels compared…