ArcelorMittal/Nippon Steel India (AM/NSI) has announced an increase of INR 1,000/t ($12/t) in list prices of hot-rolled coils (HRC) and cold-rolled coils (CRC) for early-Oct’22 sales, sources informed SteelMint. Revised prices mentioned below shall be effective from 1 Oct’22.
- HRC (2.5-8mm, IS2062): INR 57,750-58,000/t ($710-713/t)
- CRC (0.9mm, IS 513 Gr O): INR 66,000/t ($811/t)
- Prices are on exy-Mumbai basis, excluding 18% GST.
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