Author: Pratibha Bajaj
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India: SAIL hikes HRC price upto INR 700/t on improved demand
Indian state-owned, Steel Authority of India Ltd (SAIL) has increased HRC prices by INR 500-700/t ($7-9) on flat steel products effective from today across all regions, SteelMint learned from company officials. This is the 2nd price hike announced in July as major Indian steel manufacturers had raised offers by INR 500-750/t in HRC & CRC…