India: SAIL increases prices of HRC, CRC by up to INR 3,000/t

PSU steel major Steel Authority of India Limited (SAIL) has increased HRC prices significantly by INR 2,500/t ($33/t), whereas for plates and CRC it is INR 3,000/t ($39/t) for early March despatches.

Subsequent to the hike, the company list prices stand as below:

HRC- INR 68,000-68,500/t ($893-899)
CRC- INR 73,500-74,500/t ($965-978/t)
Plates (12-40mm)- INR 69,500-70,000/t ($912-919/t)


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