Tag: India: Trade-level HRC prices drop by up to INR 1000/t ($11/t) amid need-based buying

Buyers turn wary amid global tarrifs war Suppliers face resistance to recent price hikes Trade-level hot-rolled coil (HRC) offers fell by up to INR 1,000/tonne (t) ($12/t) w-o-w to INR 51,200-53,500/t ($594-620/t) across domestic markets. However, cold-rolled coil (CRC) prices remained stable w-o-w at INR 56,300-59,000/t ($653-684/t). Notably, limited demand and need-based buying kept prices…