Author: Aditi Tiwari
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No Movement in Indian Flat Steel Prices amid Static Demand
After the price hike of about INR 5,000-6,000/MT post MIP announcement, Indian flat products market have become quite dull with no movements in prices. Current offers for 2.5mm HRC (IS2062) are assessed at INR 35,000-35,500/MT (ex-Delhi), INR 34,500-35,000/MT (ex-Mumbai) and INR 36,000-36,500/MT (ex-Chennai). All prices include excise of 12.5%. Offers for 0.9mm CRC (IS 513…