ArcelorMittal/Nippon Steel India (AM/NS India) has raised prices for HRC and CRC by INR 2,500/t ($33/t) and steel plates by INR 3,000/t ($39/t) for early March sales, sources informed SteelMint. Post-revision, prices stand at:
a) HRC: INR 68,000-69,000/t ($895-908/t)
b) CRC: INR 74,000-74,500/t ($974-981/t)
c) Plates (20-40mm): INR 71,500-72,000/t ($941-948/t)
Prices are on an exy-Mumbai basis, and exclusive of GST @ 18%.
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