Tag: Mumbai HRC prices
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India: Domestic HRC trade-level prices fall on bleak demand
Domestic hot-rolled coil (HRC) prices in the trade segment witnessed a further decline by INR 500-1,000/t this week. SteelMint’s benchmark price assessments of 2.5-8 mm IS 2062 hot-rolled coils (HRCs) stood at around INR 66,000-67,000/t (exy-Mumbai) as compared to INR 67,000-67,500/t seen a week ago. The prices mentioned above are exclusive of GST @18%. SteelMint…