Indian mills keep domestic HRC prices stable as traders sell at discount

Steel mills in India kept their domestic hot-rolled coil prices stable in the week ended Friday December 17 even although traders were selling HRC at a discount of about 2,000 rupees ($26) per tonne compared with mill prices.

The price of steel HRC, domestic, ex-whse India, was assessed by Fastmarkets on Friday at 67,000-67,500 rupees ($879-886) per tonne, unchanged since the second week of this month.

Published

Suresh Nair

December 17, 2021

17:27 GMT

Mumbai