India: JSW Steel rolls over flat steel prices for Jan’22 deliveries

Private steel behemoth JSW Steel has announced a roll-over in list prices of hot-rolled coils (HRC) and cold-rolled coils (CRC) for early-Jan’22 despatches.

Effective list prices:

• HRC (IS 2062, 2.5-8mm): INR 64,000-65,000/t ($859-872/t)
• CRC (IS 513 Gr O, 0.9mm): INR 70,000-71,000/t ($940-953/t)
• Prices are on exy-Mumbai basis, excluding 18% GST.