India: JSW Steel lifts HRC and CRC prices by up to INR 4,500/t ($61) for Apr delivery

JSW Steel lifts list price of HRC and CRC by INR 4,000-4,500/t for Apr delivery. The current price stands at around INR 57,500-58,000/t for HRC and INR 68,500-69,000/t for CRC (exy-Mumbai), exclusive of GST @ 18%, SteelMint learned from company officials. Higher export realization, strong demand recovery from the end-user industry, and absence of imports resulted in a surge in domestic prices.