India: Tata Steel hikes list prices of HRC, CRC by INR 1,000/t ($13/t)

Tata Steel is increasing list prices of HRC and CRC for end-Jan’22 sales by INR 1,000/t ($13/t). The current price stands at around INR 64,000-64,500/t ($853-859/t) exy-Faridabad for HRC and INR 70,000-70,500/t ($932-939/t) for CRC, excluding 18% GST. Rising raw materials costs and healthy export bookings have pushed up prices, SteelMint notes.