Tag: India: Trade-level HRC prices drop by INR 700/t ($8) in a subdued market

Trade-level prices of hot rolled coils (HRC) continued to remain under pressure for the second week in a row. These declined by INR 700/t ($8) this week. Demand remained low and trade activities were limited with particiants moving to the sidelines since the beginning of last week amid the upcoming Diwali festival. SteelMint’s benchmark price…