AM/NS India increases HRC, CRC prices by INR 1,000/t ($12/t)

ArcelorMittal/Nippon Steel India (AM/NSI) has increased list prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) by INR 1,000/t ($12/t) with effect from today, sources informed SteelMint. Effective prices-

• HRC (2.5-8mm, IS2062): INR 56,750/t ($696/t)
• CRC (0.9mm, IS 513 Gr O): INR 63,500/t ($778/t)
• Prices are on exy-Mumbai basis, excluding 18% GST.