Why Are India’s HRC Prices Rising So Fast? Indian HRC prices have surged to around ₹62,000/tonne, reaching a four-year high. But what’s behind the rally? Rising raw material costs, tighter supply, improving demand, lower imports and stronger exports are reshaping India’s steel market. We break down the key drivers and assess whether the ₹62,000 level can hold. #commoditymarket #HRCPrices #SteelPrices #steelmarket #steelindustry #SteelSupply #BigMint