Tag: Indian HRC prices remain supported

This week domestic HRC prices exhibited a mixed response. Prices witnessed increase by INR 500/MT in northern and southern regions, however in western and eastern regions of India prices remained range-bound. Current trade reference price for HRC (2.5-8mm, IS2062) continues to hover at INR 35,500-36,000/MT (ex-Mumbai), INR 35,500-36,500/MT (ex-Delhi), and INR 36,250-36,500/MT (ex-Chennai). Prices mentioned…