Integrated steel producer ArcelorMittal Nippon Steel (AMNS) has hiked price of HRC (less than 2.5 mm) by INR 500/t to INR 39,250/t ex-Mum as well as the price of CR coils (less than .60 mm) by INR 1,000/t to INR 45,000/t ex-Mum with effect from August 11. However, there is the benefit of quantity discount for customers with long-term offtake agreements with the steel-maker.
Leave a Reply