Indian mills cut domestic HRC prices to boost sales, reduce inventory.

Indian mills have reduced hot-rolled coil prices in a bid to boost sales and cut domestic inventory.

Fastmarkets’ price assessment for steel hot-rolled coil domestic, ex-whse India was 55,000-56,000 rupees ($661-673) per tonne on Friday December 29, down by 2000 rupees per tonne week on week from...

Published

Suresh Nair

December 29, 2023

16:14 GMT

Mumbai