Tag: India: Trade-level HRC prices decrease amid subdued demand

Buyers preferring need-based procurements Exports, imports of bulk HRCs, plates decline Prices of hot-rolled coils (HRC) and cold-rolled coils (CRC) exhibited divergent trends in recent observations. HRC prices experienced a decline of up to INR 600/tonne ($7/t), now resting within a range of INR 53,900-56,500/t ($645-676/t) across the majority of markets. Conversely, CRC prices saw…