Tag: Indian rebar’s premium to HRC at around 3-yrs high

Induction mills feel cost heat HRC producers hemmed in by global demand slump Trend may sustain for some time Morning Brief: India’s rebar prices have overshot hot rolled coil (HRC) prices by a record INR 2,400/tonne (t) after a gap of almost three years. HRCs traditionally command a price higher globally compared to rebar and…