Tag: Recent visit to Indian HRC traders
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What we Learnt from our Recent Visit to Indian HRC Traders?
In recent visit to HRC traders based in Faridabad, SteelMint learned following insights from current market scenario: 1.Prices are falling on weak demand- HRC prices in trade market have corrected by around INR 1,000/t ($14/t) in last one month owing to weak demand. Indian auto sector has reported worst performance in last two decades as…