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    M
    Metal and Mining
    SECTOR | 10 Feb 2023, 12:00AM

    Steel: Prices consolidate, spreads contract

    buy
    Metal and Mining
    by ICICI Securities Limited
    ICICI Securities Limited
    HRC prices in traders’ market consolidated after seven successive weeks of hikes. However, rebars continue to fare better with rebar-HRC premium still at Rs2,800/te. Regional HRC price stayed unchanged; however, Indian HRC export price was up US$25/te at US$715/te on higher realisation by exporting to Europe.
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    Prabhudas Lilladhar released a Sector Update report for Metal and Mining on 08 Oct, 2025.
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