AM/NS India raises list price by upto INR 1,500 ($20) in Dec ’20

AM/NS India has further increased its list prices of HRC by around INR 1,000/t and CRC by INR 1,500/t with effect from today. The revised prices stand at around INR 52,650-52,750/t for HRC and INR 63,000-63,750/t for CRC. Prices are on exy-Mumbai basis, exclusive of GST @18%. Improved demand from consumer durables and auto sector continues to fuel the hike in domestic prices.