Tag: influx of imports

Hot-rolled coil (HRC) prices remained range-bound, establishing a range between INR 52,900-56,600/t ($642-679/t). Cold-rolled (CR) coil prices exhibited a degree of stability, maintaining a range of INR 58,500-63,400/t ($703-762/t) across markets. The current state of the traders’ market reflects persistent sluggishness in trading activity, largely attributable to diminished demand. BigMint’s benchmark assessment (bi-weekly) for HRC…