Tag: India: Trade-level HRC prices rise by up to INR 500/t following safeguard duty implementation

India: Trade-level HRC prices rise by up to INR 500/t ($6/t) following safeguard duty implementation

Apr 23, 2025

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by

Saurabh Bihani

in CRC, HRC

HRC and CRC prices witness modest increases 12% duty yet to trigger sharp price hikes amid oversupply Trade-level prices for hot-rolled coil (HRC) rose by up to INR 500/t ($6/t) w-o-w, reaching INR 51,500-52,600/t ($603-616/t) across markets. Cold-rolled coil (CRC) prices also increased by up to INR 800/t ($9/t) w-o-w, now at INR 56,500-60,000/t ($661-702/t).…