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India: HRC prices hit 3-year high amid supply constraints; sellers eye further upside

Source: BigMint Apr 02, 2026 08:30

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Benchmark HRC prices rise by INR 2,000/t ($21). Mill hikes and restocking lift market sentiment

Trade-level prices of hot-rolled coils (HRC) in India strengthened across regions, touching a 3-year peak, with HRC prices assessed in the range of INR 55,500-59,600/t ($591-635/t) and cold-rolled coil (CRC) prices assessed at INR 59,800-67,000/t ($637-714/t). Bi-weekly benchmark assessment for HRC (IS2062, Gr E250, 2.5-8 mm/CTL) rose by INR 2,000/t

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