India: SAIL reissues HRC export tender

India: SAIL increases flat steel prices by INR 500/t ($6/t)

Steel Authority of India Limited (SAIL) has increased flat steel list prices by INR 500/t ($6/t) with effect from 27 Dec’22, sources informed SteelMint. Effective prices:

  • HRCs (IS2062, 2.5-8 mm): INR 55,500-56,000/t ($670-676/t)
  • CRCs (IS513 Gr O, 0.90 mm): INR 61,500/t ($742/t)
  • PMP (E250, 20-40 mm): INR 58,500/t ($706/t).

Prices are exy-Mumbai, excluding GST at 18%.


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