India: AM/NS raises list prices of HRC, CRC by up to INR 1,000/t ($13/t)

ArcelorMittal/Nippon Steel India (AM/NS India) has revised list prices of HRC and CRC by INR 1,000/t ($13/t) effective from 28 Mar’22, sources informed SteelMint. Effective prices:

• HRC (2.5-8mm, IS 2062): INR 75,000-75,500/t ($987-994/t)
• CRC (0.90mm, IS 513 Gr O): INR 82,000-82,500/t ($1,079-1,086/t)
• GPC (0.8mm, 80 gsm): INR 87,000-87,500/t ($1,145-1,152/t)
• Prices are on an exy-Mumbai basis, exclusive of GST at 18%.