India: Tata Steel raises HRC list price by INR 4,500/t ($61)

Tata Steel, a prominent steel producer in India has raised its HRC and CRC list prices for May ’21 delivery,

• The revised price of HRC stands at INR 66,650-67,000/t, surged by INR 4,500/t ($61)
• The revised price of CRC stands at INR 82,250-82,500/t, up by INR 5,250/t ($71)
• Prices are on an exy-Mumbai basis, excluding GST @ 18%
• Higher export realizations led to steep hike in domestic price.