Tag: India: Trade-level HRC prices range-bound w-o-w amid decline in

Higher stocks, low demand cause liquidity crunch Traders seek price support for Oct-Nov, mills silent India’s hot-rolled coil (HRC) prices remained range-bound this week at INR 47,500-49,900/tonne (t) ($563-591/t) amid slow sales. Cold-rolled coil (CRC) tags were stable at a range of INR 53,500-58,500/t ($634-693/t) across various regions. Softening demand and a persistent liquidity crunch…