Traders selling Indian domestic CRC, HDG at big discount to mill prices

September 25, 2021 / www.metalbulletin.com / Article Link

Indian steel mills kept their prices for domestic cold-rolled coil and galvanized coil steady in the week to Friday September 24, even with traders selling such downstream flat steel products at significant discounts in the local markets, Fastmarkets has learnt.

The price of steel hot-dipped galvanized coil, domestic, ex-whse India, was assessed at 80,500-81,500 rupees ($1,091-1,104) per tonne on Friday, stable for the past two weeks.
The domestic HDG price assessment is based on prices offered by mills.

Traders, however,...

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok