India: AM/NS raises list prices of HRC by INR 4,000/t ($53/t) and CRC by INR 9,000/t ($119/t)

ArcelorMittal/Nippon Steel India (AM/NS India) raised list prices of HRC by INR 4,000/t ($53/t) and CRC by INR 9,000/t ($119/t) from 1 Apr’22, sources informed SteelMint. Effective prices:

• HRC (2.5-8mm, IS 2062): INR 79,000-79,500/t ($1,045-1,052/t)
• CRC (0.90mm, IS 513 Gr O): INR 91,000-91,500 /t ($1,204-1,211/t)
• Prices are on an exy-Mumbai basis, excluding GST at 18%.