Tag: India: Trade-level HRC prices rise by upto INR 800/t amid market revival

Festive season induces surge in inquiries, sales Indian mills resume export offers to Middle East Hot-rolled coil (HRC) prices have experienced a significant uptick, increasing by INR 200-800/tonne (t) ($2-10/t) to INR 48,500-51,500/t ($578-614/t). In contrast, cold-rolled coil (CRC) prices remained relatively stable across different markets, at INR 56,500-59,500/t ($673-709/t). The overall trade market is…