Tag: India: Trade-level HRC prices stay range-bound

HR and CR coil prices exhibited stability across domestic markets, with the exception of Ahmedabad. Prices in Ahmedabad rose by INR 1,000/t ($12/t) to INR 53,000-54,000/t ($637-649/t). Limited trading activity persists due to liquidity crisis and lower demand among market participants. BigMint’s benchmark assessment (bi-weekly) for HRC (IS2062, Gr E250, 2.5-8mm) inched up by INR…