Tag: POSCO India

  • Bearish Sentiments Prevail in Indian CRC Market

    Bearish Sentiments Prevail in Indian CRC Market

    Domestic CRC prices have plunged down amid increased imports of cheap CRC, especially from China. Sluggish demand is not only hurting HRC prices but also CRC offers. Prices in domestic market have dipped by INR 500/MT over SteelMInt last week’s price assessment. Current offers for 0.9 mm CRC are assessed at INR 36,000/MT ex-Mumbai, INR…