Tag: Raw material prices on a decline
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India: Domestic HRC, CRC prices correct further on falling export offers
The domestic prices of hot-rolled coils (HRC) and cold-rolled coils (CRC) continued to decline in the second week of Dec’21 on the back of slow demand, falling overseas market and correction in domestic raw material prices. SteelMint’s benchmark HRC (IS 2062, 2.5-8mm) prices were assessed at INR 66,000-67,000/t, while those of CRC (IS 513 Gr…