Arcelor Mittal Nippon Steel India has announced hike in its HRC & CRC prices today by around INR 1,500/t for Aug’20 deliveries on improved demand and hike in export offers. After increase, effective prices for HRC (IS 2062 2.5mm – 8mm) are in the range of INR 38,500-39,500/t (ex-Mumbai). Prices mentioned does not include GST @ 18%.
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