India’s major steel mill – JSW Steel has raised HRC & CRC prices by INR 500/t for July deliveries, sources shared with SteelMint. After increase, effective price of HRC is around INR 36,500/t (ex-Mumbai) and CRC is at INR 41,250/t. Sharp hike in global prices has lead to hike in domestic prices. Company has kept rebar and wire rod prices unchanged for July.
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