India: JSPL cuts HRCs, plates prices for July sales

Indian private steel major Jindal Steel and Power Limited (JSPL) has reportedly reduced its hot-rolled coil (HRC) and HR plate prices, effective from 4 July.

Revised prices-

• HRC (IS2062, 2.5-8mm): INR 61,000/t ($773/t)
• HR plates (E250, 20-40mm): INR 65,000/t ($824/t)
• Prices are on exy-Mumbai basis, exclusive of GST at 18%.