JSW Steel has lifted HRC and CRC list prices by up to INR 1,200/t ($16/t) for Oct’21 sales, as per company officials.
Effective prices:
- HRC stands at INR 67,500-68,000/t ($906-913/t)
- CRC is at INR 77,500-78,000/t ($1,040-1,047/t)
- Prices are on exy-Mumbai basis, excluding GST @18%
Higher input costs and healthy demand from the white goods and auto sectors ahead of the festive season has contributed to the hike in prices, SteelMint understands.
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