Category: CRC

India: Mills revert to half-yearly contracts with automakers; prices see a drop

Nov 22, 2021

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by

Admin Operation

in CRC

Steel mills and auto manufacturers are switching back to half yearly contracts. As per exclusive information available with SteelMint, final contracts have been fixed as thus: For the July-Sept’21 second quarter (Q2) hot rolled coils (HRCs) have been fixed at INR 5,700/tonne (t) and for cold rolled coils (CRCs) at INR 6,000/t. For the second…