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    M
    Metal and Mining
    SECTOR | 20 Jul 2023

    Steel: Domestic HRC prices rise slightly; export prices remain stable

    buy
    Metal and Mining
    by ICICI Securities Limited
    ICICI Securities Limited
    HRC prices in the traders’ market rose slightly in the week ended 19th Jul’23 on optimism around stimulus measures and possible production curtailment in H2CY23 in China. Spot spread also remained stable at INR 31,800/te as slight uptick in coking coal prices was offset by higher HRC prices.
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    IDBI Capital released a Sector Update report for Metal and Mining on 01 Oct, 2025.
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