India: JSW Steel increases HRC, CRC prices by INR 1,250/t ($15/t)

JSW Steel has announced an increase in list prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) by INR 1,250/t ($15/t) with effect from today, sources informed SteelMint. Post-revision, effective prices –

• HRC (2.5-8mm, IS2062): INR 57,000/t ($698/t)
• CRC (0.9mm, IS 513 Gr O): INR 63,750/t ($780/t)
• Prices are on exy-Mumbai basis, excluding 18% GST.