Indian steel major- JSW Steel has announced a hike of INR 1,250/t in its list prices for HRC and INR 750/t for CRC, SteelMint learned from the sources. Notably, the effective price now stands at INR 44,000/t (exy-Mumbai) and INR 53,400 (exy-Mumbai) respectively. Improved domestic sales, robust auto demand, and higher input cost compelled steel mills to increase prices for Nov deliveries.
Leave a Reply