Author: Nishtha Mukherjee
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Indian large mills raise prices: Longs up INR 3,500/t, flats by INR 1,500/t for early Oct
Cost push, power crisis forces Indian mills to raise prices Finished steel prices, vindicating an earlier report by SteelMint, have gone up. Long products prices from the primary mills have increased by around INR 3,500 – 4,500 per tonne (t) ($50/t) and flats by INR 1,500-2,000 per tonne ($24/t). SteelMint had earlier mentioned that the…