Tag: India’s flat steel composite index down 1.1% w-o-w

The year-end, however, took a toll on domestic hot rolled coil (HRC) prices. Buying dropped dramatically across market, forcing prices to fall by INR 2,200/t ($26/t) in Chennai, and by INR 1,000/t ($12/t) in Kolkata and Bangalore markets. Cold rolled coil prices too fell by around INR 1,000/t in Kolkata and INR 1,300/t ($16/t) in…