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COMMODITYSCOPE | DAILY MARKET BRIEF

Steel · Indicative Assessment

HRC India domestic ex-works Mumbai Price Today

  • CommodityScope Indicative Assessment
  • CS Series CS-STL-HRC-INDIA-DOMESTIC-EX-WORKS-MUMBAI
  • HRC India domestic ex-works Mumbai · INR/mt
  • Steel Assessment Methodology v1.0

The assessment represents the estimated prevailing market level for the defined basis and is not an executable quotation.

Latest HRC India domestic ex-works Mumbai Price

CommodityScope Assessment
64500.00 INR/mt
Change
0.00(0.0%)
vs previous assessment (8 Oct 2026)
Assessment date
9 October 2026
HRC India domestic ex-works Mumbai
Assessment Range
64500.00 – 64500.00 INR/mt
Assessment confidence: medium

The assessment range is an uncertainty interval around the CommodityScope midpoint and does not represent a quoted bid/offer spread or daily trading high/low. Range methodology

Basis
HRC India domestic ex-works Mumbai
Unit
INR/mt
CS Series
CS-STL-HRC-INDIA-DOMESTIC-EX-WORKS-MUMBAI

HRC India domestic ex-works Mumbai Price Chart

INR/mt · Calendar gaps are not interpolated.

Price Changes and Historical Range

Computed statistics are CommodityScope calculations from the series history.

vs last completed month
+1565.00(+2.5%)
vs September 2026 average (10 obs.)
Available History Range
57700.00 – 64500.00
13 Aug 2026 – 9 Oct 2026, 23 obs.

Monthly HRC India domestic ex-works Mumbai Prices

Average, minimum and maximum of assessment midpoints in each calendar month. These are not the assessment range. Incomplete latest months are marked month to date.

MonthAverage midMin midMax midObservations
October 2026Month to date64333.3364000.0064500.003
September 202662935.0061750.0064000.0010
August 202658930.0057700.0061800.0010

Recent Assessments

Latest CommodityScope assessments for the defined market basis. Low and high are the CommodityScope assessment range around each midpoint, not a bid/offer spread. Dates without an available assessment are omitted.

DateLowHighMidΔ vs previous
2026-10-0964500.0064500.0064500.000.00
2026-10-0864500.0064500.0064500.00+500.00
2026-10-0264000.0064000.0064000.00+250.00
2026-09-2563750.0063750.0063750.000.00
2026-09-2463750.0063750.0063750.00-250.00
2026-09-2364000.0064000.0064000.000.00
2026-09-2264000.0064000.0064000.00+500.00
2026-09-1863500.0063500.0063500.00+500.00
2026-09-1663000.0063000.0063000.00+1100.00
2026-09-1061900.0061900.0061900.000.00

What This HRC India domestic ex-works Mumbai Price Represents

This page tracks the HRC India domestic ex-works Mumbai on a HRC India domestic ex-works Mumbai basis, quoted in INR/mt. Figures are CommodityScope indicative assessments for the defined series basis. They are not a live quote.

Compare With

Each comparison states why the series are related and whether the latest values can be subtracted directly (same unit, currency and assessment date). Where they cannot, the values are shown side by side without a difference. The reasons below follow the product family and basis of each series.

Different units (INR/mt vs USD/st); values are not directly subtractable without a unit conversion. Different currencies (INR vs USD).

SeriesWhy compareLatestDifference (this − other)
HRC DDP Houston
DDP Houston · USD/st
Same product family (Steel) on a different basis: HRC India domestic ex-works Mumbai vs DDP Houston. The gap reflects location and delivery terms, not quality alone.1060.00
9 Oct 2026
not directly comparable
HRC CIF Antwerp
CIF Antwerp · EUR/mt
Same product family (Steel) on a different basis: HRC India domestic ex-works Mumbai vs CIF Antwerp. The gap reflects location and delivery terms, not quality alone.
  • Different units (INR/mt vs EUR/mt); values are not directly subtractable without a unit conversion.
  • Different currencies (INR vs EUR).
595.00
9 Oct 2026
not directly comparable
HRC EXW Indiana
EXW Indiana · USD/st
Same product family (Steel) on a different basis: HRC India domestic ex-works Mumbai vs EXW Indiana. The gap reflects location and delivery terms, not quality alone.1260.00
9 Oct 2026
not directly comparable
HRC EXW Southern mill
EXW Southern mill · USD/st
Same product family (Steel) on a different basis: HRC India domestic ex-works Mumbai vs EXW Southern mill. The gap reflects location and delivery terms, not quality alone.1260.00
9 Oct 2026
not directly comparable

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CommodityScope Assessment Basis

This is the CommodityScope series definition for the published midpoint and assessment range. Characteristics that are not part of this basis are not inferred.

Product
HRC India domestic ex-works Mumbai
Product quality
Product as labelled by the series name and location basis. CommodityScope does not infer a fuller chemical or contractual specification.
Location basis
HRC India domestic ex-works Mumbai
Parcel basis
Typical physical cargo as transacted on the stated location basis. CommodityScope does not fix a standard parcel tonnage.
Delivery / loading period
Not fixed in the published series basis.
Assessment window
CommodityScope assessment dated as of the published assessment date.
Currency / unit
INR/mt
Normalization
Inputs used for the midpoint and the assessment range are considered only after they can be expressed on this series basis and unit. Cross-unit values are not converted on the public site and are not mixed into this series.

Terms not specified

  • The series basis identifies HRC India domestic ex-works Mumbai as the quoted location but does not specify the delivery Incoterm.
  • The series basis does not specify a product specification beyond its name and basis; none is assumed here.

Specification · series name and basis only

The series basis does not specify a product specification beyond its name and basis; none is assumed.

Basis: HRC India domestic ex-works Mumbai

The basis is shown as defined for this series; no delivery term is inferred.

Unit: INR/mt

  • The unit printed with the price is the unit of this series. European coil is in EUR per metric tonne. Seaborne finished steel is in USD per metric tonne. Seaborne iron ore is in USD per dry metric tonne. US mill coil and rebar are in USD per short ton. US domestic scrap is in USD per long ton. Chinese port iron-ore free-on-truck levels are in CNY per wet metric tonne, and Chinese domestic mill steel is in CNY per metric tonne. Indian domestic levels are in INR per metric tonne, Brazilian domestic scrap is in BRL per metric tonne, Mexican domestic scrap is in MXN per metric tonne, and Moscow levels are in RUB per metric tonne.
  • A series published in short tons stays in short tons. A series published in cents per pound stays in cents per pound. No unit is converted into another on the page.
How to use this series, and what it is not for

How to use this series

  • Track one series over time using the chart, monthly averages and the recent-assessment table.
  • Compare two series only when the unit, currency and delivery basis match.

What it is not suitable for

  • Treating a domestic mill assessment and an export assessment as one price.
  • Intraday trading: values are end-of-day assessments, not live quotes.

Product and market references

Assessment, assessment range and computed statistics: CommodityScope. The assessment range is an uncertainty interval around the midpoint, not a bid/offer spread. See the Steel Assessment Methodology v1.0 for assessment basis, calculation principles and data policy.