[SMM Steel] India HRC, CRC Prices Hold Stable as Buyers Stay Cautious

Published: Jul 3, 2026 13:23

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[India] India’s HRC and CRC prices remained unchanged this week, with Mumbai HRC at around 615 USD/tonne and CRC at around 689 USD/tonne, excluding tax. Trading activity stayed slow amid limited enquiries and weak downstream demand. Buyers continued to purchase only as needed while awaiting monthly mill price revisions. Monsoon disruptions and limited restocking appetite may keep HRC and CRC prices rangebound in the near term."

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