HRC prices in the traders’ market rose slightly by INR 270/te in the week ended 30th Aug’23 on expectations of demand pick-up and low channel inventory. Spot spread however edged slightly lower as coking coal prices also rose by USD 2/te WoW. In longs, major steel producers hiked prices for the third time during the month as secondary rebar prices are up 10% MoM on an average.