Tag: India: Trade-level HRC prices maintain stability despite weakening demand

Need-based buying continues amid monsoon blues Export offers drop amid global demand slowdown Trade-level prices of hot-rolled coils (HRCs) in India remained stable w-o-w at INR 51,000-52,800/t ($596-616/t) across markets. Cold-rolled coil (CRC) prices showed a mixed trend w-o-w, assessed at INR 57,000-60,900/t ($659-718/t). BigMint’s benchmark assessment (bi-weekly) for HRCs (IS2062, Gr E250, 2.5-8 mm/CTL)…