JSW Steel increased list prices of HRC by INR 3,500/t and CRC by INR 5,500/t for May delivery. The effective price stands at around INR 65,000-65,500/t for HRC and 80,500-81,000/t for CRC (exy-Mumbai), excluding GST @ 18%. SteelMint learned from its reliable sources. Higher export realizations along side absence of cheaper imports have been driving steel prices upward in the domestic market.
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