Tag: India: Trade-level HRC prices fall by up to INR 500/t ($6/t) w-o-w amid fall in sales

Buyers spurn higher offers amid liquidity shortfalls Imports see downtrend on stricter customs clearance India’s hot-rolled coil (HRC) prices fell by up to INR 500/tonne (t) ($6/t) this week to INR 48,000-50,000/t ($569-596/t), amid falling sales. Additionally, cold-rolled coil (CRC) tags fell by up to INR 800/t ($9/t) to maintain a range of INR 55,000-58,500/t…