Indian steel maker- ArcelorMittal Nippon Steel India (AM/NS) has announced a price hike in HRC by INR 500/t ($7). Revised offer for HRC (>2.5mm) stands at INR 41,250/t. This is the company’s 2nd price hike announcement made in Sept ’20 as in previous revision done towards the beginning of the month, the company had raised the price by INR 1,500/t.
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