India: JSW Steel lifts HRC & CRC prices by INR 1,000/t ($14) in Jan

JSW Steel has raised its list prices of HRC and CRC by INR 1,000/t ($14) effective as of today. Current price stands around INR 54,500-55,000/t for HRC and INR 65,000-65,500/t for CRC (exy-Mumbai), exclusive of GST @ 18%. Prior to this, the company had lifted prices of HRC by around INR 2,100/t and CRC by around INR 2,600/t at the beginning of the month. Supply crunch has resulted in consistent hike in flat steel prices.


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