Steel Authority of India Limited (SAIL) further increased list prices of HRC and CRC by another INR 1,000/t ($13/t). This is the fifth round of increase in March on the back of increased cost pressure coupled with robust export orders.
- HRC: INR 73,500-74,500/t ($968-981/t)
- CRC: INR 80,000-81,000/t ($1,054-1,067/t)
- Prices are on an exy-Mumbai basis, excluding 18% GST.
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