India: Tata Steel hikes HRC, CRC list prices by INR 500/t ($6/t) for end-Sept sales

Tata Steel announced a hike of INR 500/t in its list prices of HRCs and CRCs for end-Sep’22 sales. Prices shall be effective from 22 Sep, confirmed distribution network sources. Effective prices-

• HRC (2.5-8mm, IS2062): INR 57,500/t ($722/t)
• CRC (0.9mm, IS 513 Gr O): INR 65,500/t ($822/t)
• Prices on exy-Mumbai basis, excluding 18% GST.