Indian mills test price hikes for domestic HRC, and fail

摘要

Domestic buyers of Indian hot rolled coil continue to resist price rises tabled this week by the country's steelmakers. As a result, Platts on Wednesday left its assessment of 3mm thick IS 2062 grade A/B structural HRC unchanged at Rupees 27,500-28,500/metric ton ($410-424/mt) ex-works.