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Tag: Indian HRC Prices Hit 3-Yrs Low

  • Indian HRC Prices Hit 3-Yrs Low, Will it Drop Further?

    Indian HRC Prices Hit 3-Yrs Low, Will it Drop Further?

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    Admin Operation
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    Indian domestic Hot rolled coils (HRC) prices fell to their three-and-a-half year lows of around INR 34,000-35,000 per tonne (MT) in September, 2019 on ex-yard basis – these levels were last seen during the time when MIP was imposed by Indian government in Februray 2016 In the month of October, mills rolled over their HRC…