Indian HRC declined to INR 63,500 per tonne ex-warehouse in the October 16 assessment.
The INR 500-per-tonne reduction followed a rally to levels last seen in 2022.
Heavy plate also weakened, while CRC and galvanized coil remained unchanged during that assessment period.
Earlier gains had combined stronger physical demand with inventory rebuilding and purchases brought forward ahead of increases.
With buying urgency easing, traders reported profit-taking and weaker sentiment despite improved steel consumption.
