Indian steel behemoth, JSW Steel Ltd. has announced an interim price hike of INR 500/t ($6/t) in HRC and CRC prices w.e.f. 22 Feb’23. Subsequent to the revision, list price of HRCs (IS2062, 2.5-8mm) stand at around INR 60,000/t ($724/t) while that of CRCs (IS513 Gr O, 0.9mm) at INR 67,000/t ($809/t). Prices are exy-Mumbai, excluding GST @ 18%.

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