Tag: Indian HRC benchmark prices fall

India’s domestic Hot Rolled Coil (HRC) prices have fallen further this week on rising inventories with traders and normalizing iron ore supplies.SteelMint’s benchmark prices for 2.5mm thickness HRC stands at INR 55,000-55,500 /t (exy-Mumbai), down by INR 250/t as compared to last week. Key factors leading to price correction: 1.Rising inventories with traders- Traders are…