Indian steel major, JSW Steel, has withdrawn the rebate of INR 1,000/t on HRC and offers for Aug’21 delivery stand at around INR 68,000-68,500/t. Earlier in Jul, the company was offering rebates in order to push up buying activities in the domestic market. CRC prices, meanwhile, stand at INR 80,500-81,000/t for Aug delivery. The prices are on ex-yard-Mumbai basis, excluding GST at 18%.
Leave a Reply