India: SAIL revises flat steel prices for early-Sept sales

Steel Authority of India (SAIL) has revised the list prices of HRC, CRC and HR plates for early-Sept’22 sales, sources informed SteelMint. Effective prices-

• HRC (2.5-8mm, IS2062): INR 56,000/t ($702/t)
• CRC (0.9mm, IS 513 Gr O): INR 64,000/t ($803/t)
• HR plates (20-40 mm, E250): INR 61,000/t ($765/t)
• Prices are on exy-Mumbai basis, excluding 18% GST.