{"id":54850,"date":"2026-01-21T15:09:42","date_gmt":"2026-01-21T09:09:42","guid":{"rendered":"https:\/\/biztrend24.com\/?p=54850"},"modified":"2026-01-21T15:09:42","modified_gmt":"2026-01-21T09:09:42","slug":"india-trade-level-hrc-prices-edge-up-w-o-w-following-mill-price-hike-announcements","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=54850&lang=en","title":{"rendered":"India: Trade-level HRC prices edge up w-o-w following mill price hike announcements"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Mill price hikes push HRC prices<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Post-festive trade activity rebounds<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Trade-level prices of hot-rolled coils (HRC) in India increased w-o-w following the announcement of price hikes by mills, with HRC prices assessed in the range of INR 50,000-52,900\/t ($550-581\/t). In line with this trend, cold-rolled coil (CRC) prices also edged up w-o-w, with prices assessed at INR 54,500-60,500\/t ($599-665\/t).<\/p>\n<p>BigMint&#8217;s benchmark assessment (bi-weekly) for HRC (IS2062, Gr E250, 2.5-8 mm\/CTL) increased by INR 700\/t ($8\/t) w-o-w to INR 52,400\/t ($576\/t) on 20 January against INR 51,700\/t ($568\/t) on 13 January. CRC (IS513, Gr O, 0.9 mm\/CTL) prices inched up by INR 600\/t ($7\/t) w-o-w to INR 57,900\/t ($637\/t) on Tuesday against INR 57,300\/t ($630\/t) a week ago. These prices are ex-Mumbai for the distributor-to-dealer segment and exclude 18% GST.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-716390\" src=\"https:\/\/i0.wp.com\/wp-insights-sm.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2026\/01\/Table-new-HRC.png?resize=640%2C231&#038;ssl=1\" alt=\"\" width=\"640\" height=\"231\" \/><\/p>\n<p>Market updates:<\/p>\n<p>Last week, festive holidays kept demand and trading subdued. However, this week, mill-led price hikes sparked a rebound in trade-level prices as activity resumed post-festivities.<\/p>\n<p>Demand remains moderate, but fewer working days from bank holidays on Saturday and Monday have pushed participants to liquidate swiftly for payment management. One trader observed, &#8220;We anticipate another price rise next month.&#8221; Across the board, metal prices continue trending upward.<\/p>\n<p>Import volumes:\u00a0India&#8217;s bulk imports of HRCs touched 151,637 t as of 16 January, based on vessel line-up data. Around 1,65,079 t of additional cargoes are expected by early-February.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-716391\" src=\"https:\/\/i0.wp.com\/wp-insights-sm.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2026\/01\/Bulk-HRC-2-scaled.png?resize=640%2C330&#038;ssl=1\" alt=\"\" width=\"640\" height=\"330\" \/><\/p>\n<p>Export volumes:\u00a0India&#8217;s bulk exports of HRCs touched 20,253 t as of 16 January and around 155,800 t of additional cargo are being shipped.<\/p>\n<p>Outlook:<\/p>\n<p>HRC prices in India are likely to remain elevated, supported by recent mill-led hikes, moderate demand and steady trade activity. Going forward, demand trends and further pricing actions by mills will determine market direction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mill price hikes push HRC prices Post-festive trade activity rebounds Trade-level prices of hot-rolled coils&#8230;<\/p>\n","protected":false},"author":1,"featured_media":54851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-54850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=1280%2C720&ssl=1?v=1768986574",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?resize=150%2C150&ssl=1?v=1768986574",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=300%2C169&ssl=1?v=1768986574",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=640%2C360&ssl=1?v=1768986574",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=640%2C360&ssl=1?v=1768986574",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=1280%2C720&ssl=1?v=1768986574",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=1280%2C720&ssl=1?v=1768986574",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?resize=1115%2C715&ssl=1?v=1768986574",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?resize=800%2C500&ssl=1?v=1768986574",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=1024%2C576&ssl=1?v=1768986574",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?resize=540%2C340&ssl=1?v=1768986574",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?resize=400%2C250&ssl=1?v=1768986574",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-21T150824.715.jpg?fit=1280%2C720&ssl=1?v=1768986574","jetpack-related-posts":[{"id":61295,"url":"https:\/\/biztrend24.com\/?p=61295&lang=en","url_meta":{"origin":54850,"position":0},"title":"India: HRC, CRC prices rise; further upside expected","author":"Biz Trend 24","date":"March 25, 2026","format":false,"excerpt":"Demand remains largely need-based across segments Trading activity stays limited despite price rise Indian steelmakers have increased list prices of hot-rolled coils (HRCs) by INR 750-1,500\/t ($8-16\/t) for late April 2026 sales. 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