Steel giant POSCO has increased its cold-rolled coil (CRC) price by INR 1,250/t. The current price for CRC stands at INR 48,750/t ex-Mumbai, SteelMint came to know from reliable sources. Domestic CRC prices have gained momentum on the back of good demand from auto & white goods sector along with maintenance shutdown at one of the CRM mills of a govt. owned Indian mill.
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