ArcelorMittal/Nippon Steel India (AM/NSI) has announced a mid-term price increase for hot-rolled coils (HRC) by INR 500/t ($6/t). Post revision, list prices of HRC (IS2062, 2.5-8mm) stand at around INR 56,500/t ($710/t) exy-Mumbai, excluding GST @ 18%.
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