Pohang Iron and Steel Co. Ltd. (POSCO), Maharashtra unit has raised its CRC list prices by around INR 6,000/t for June ’21 delivery. The current price stands at around INR 82,500-83,000/t (exy-Mumbai), excluding GST @ 18%. SteelMint learned from its credible sources’. Meanwhile, the company reported a sharp growth in its operating profit to $52 million in Q1 CY ’21 over strong downstream domestic demand.
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