India: POSCO increases CRC price by INR 750/t ($10) in Nov’20

Major cold rolled steel manufacturer; POSCO has announced second hike in list price of CRC by INR 750/t, SteelMint learned from its trade channels. After increase effective prices of CRC stands at INR 54,750/t (exy-Mumbai). In the beginning of the month company raised prices by INR 1,250/t. Robust demand in auto and white goods resulted to steep hike in CRC prices.


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