India: SAIL increases CRC price by INR 1000/t ($14)

Government-owned mill – SAIL has raised domestic CRC prices 2nd time in Sep’20. The company has raised offers by INR 1,000/t w.e.f today on short supply and improved demand from the auto and white goods sector. Current CRCA offers stand at INR 46,600-47,000/t (exy-Mumbai). SAIL Bokaro steel plant is facing some issues in its CRM mill since last few days leading to further hike in prices, SteelMint learned from its trade channels.


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