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India: HRC prices rise on mill hikes, improved demand; bullish outlook persists

Source: BigMint Aug 27, 2026 08:45

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Trade offers climb amid tighter spot availability. Buyers increase coverage on immediate requirements

India's hot-rolled coil (HRC) market strengthened further during the week ended 25 August 2026, with trade-level prices increasing by around INR 100-600/t across key markets. Buying activity remained cautious, while trade-level offers were reported in the range of INR 56,500-59,500/t ($592-624/t). BigMint's bi-weekly benchmark assessment for HRC (IS2062, Grade E250,

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Price Curve

Daily Prices

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400-series stainless HRC prices: Wuxi

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