Author: BigMint Technologies Pvt Ltd

Domestic CRC prices in Chennai market noticed a correction of INR 500-1,000/MT (USD 8-16/MT) in the month of May owing to cheaper import. However, there has been no official announcement made by steelmakers. Current offers for 0.9 mm Cold Roll Coil (CRC) are in range of INR 39,500-40,000/MT (prices including excise of 12.5%) Ex-Chennai. Some…