India: JSPL cuts list prices of HRC and plates for early June sales

Indian private steel major Jindal Steel and Power Limited (JSPL) has reportedly reduced its hot-rolled coil (HRC) and HR plate prices. Prices shall be effective from 3 Jun’22.

Revised prices:

• HRC (IS2062, 2.5-8mm)- INR 65,000/t ($837/t)
• HR plates (E250, 20-40mm)- INR 73,000/t ($940/t)
• Prices on exy-Mumbai basis, exclusive of GST at 18%.