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Tag: SteelMint benchmark HRC prices

  • India: HRC trade prices down 8% m-o-m in Dec’21

    India: HRC trade prices down 8% m-o-m in Dec’21

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    by

    Kalpesh Padhiar
    in

    Trade prices of hot-rolled coils (HRC) dropped by 8% m-o-m in the key market of Mumbai on the back of a continual decline in export offers and rising inventory pressure. The average monthly prices of HRC stood around INR 65,400/tonnes (t) ($879/t) exy-Mumbai in Dec’21 as against INR 70,900/t ($953/t) exy-Mumbai a month ago. SteelMint’s…