SteelMint

Tag: Will Indian Mills Cut Domestic HRC Prices in May

  • Will Indian Mills Cut Domestic HRC Prices in May?

    Will Indian Mills Cut Domestic HRC Prices in May?

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    by

    Pratibha Bajaj
    in

    Dull trades, ongoing elections and cost effective imports have kept domestic HRC prices under pressure in India. SteelMint’s trade reference prices in major markets like Mumbai and Delhi have come down to 1-month low. SteelMint in talk with major Indian steel mills learned that sentiments are still bearish in domestic market, which may put prices…