India: JSW Steel increases CRC price by INR 1,250/t ($17)

Indian steel major- JSW Steel has raised domestic CRC prices by INR 1,250/t today on strong demand from auto & white-goods sector. Current offers stand at INR 48,250-48,500/t (exy-Mumbai).This is the company’s 2nd hike made in Sep’20. Also, the company may announce a further hike in HRC price by INR 1,000/t from Monday,SteelMint learned from its trade channels.


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