Author: Nishtha Mukherjee

Indian primary steel mills have raised prices for flat steel by INR 2,000-2,500/tonne (t) ($27-33/t) for Nov’21. The reason is surging prices of input materials like coking coal, met coke and ferro alloys, mills say. Indeed, premium HCC Australian coking coal prices are up 257% in Oct’21 y-o-y while the HCC 64 mid-vol is up…