Integrated steel producer ArcelorMittal Nippon Steel (AM/NS) India has lifted its list prices of HRC by INR 4,000/t and CRC by INR 4,500/t with effect from today. The revised price stands at around INR 67,000-67,500/t for HRC and 80,000-80,500/t for CRC for May delivery. Prices are on the exy-Mumbai basis, excluding GST @ 18%., SteelMint learned from credible sources. Indian steel prices are still at a discount as compared to imported HRC from major exporting nations.
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