Author: BigMint Technologies Pvt Ltd

Indian steelmakers have rolled over flat steel prices for July deliveries amidst hike in import duty and proposed BIS norms, which will curb rising import. Current offers for 2.5 mm HRC are maintained at INR 34,500-35,000/MT (including Excise of 12.5%) in Delhi and INR 34,500/MT (including Excise) in Mumbai. At this price, Net Sales Realization…