Tag: SteelMint’s benchmark trade reference price assessment for hot-rolled coils (HRCs)

The domestic HRC trade prices, which had hit an all-time high last week of INR 72,000-73,000/tonne (t) ($962-975/t), declined this week due to the temporary lull in market activities ahead of the Diwali festival. SteelMint’s benchmark trade reference price assessment for hot-rolled coils (HRCs) (IS 2062, 2.5-8 mm) stands at around INR 71,000-72,000/t ($949-962) (exy-Mumbai),…