13,744.64 TRY BIST 100 BIST 100
6.90 CNY CNY CNY
53.01 EUR EUR EUR
46.48 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
98.29 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
97.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

HRC prices continue to fall in India

HRC prices in India have been declining since January.

HRC prices continue to fall in India

HRC, which was priced between 652-664 USD in January, dropped to 647-654 USD in February and 642-644 USD in March.

The decline in prices since January may underline the change in supply and demand due to the influence of global and local economic factors.

Although ups and downs were observed in prices in the intermittent period between March 4 and March 12, HRC prices continued their stable course.

On March 12, the HRC price was fixed at 643 USD.

It can be predicted that pressures on prices may continue in the coming period. However, the stabilization seen in prices in March can be interpreted as a search for some kind of balancing or stability.

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