Tag: 000/t by Tier-I mills on the cards for Nov’24

India: Hike in HRC list prices of up to 1,000/t by Tier-I mills on the cards for Nov’24

Nov 6, 2024

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by

Saurabh Bihani

in HRC

Tier-I steel mills have officially announced a price increase of INR 800-1,000/t ($6-18/t) for hot-rolled coils (HRCs) and cold-rolled coils (CRCs) in their November 2024 sales. This upward adjustment is primarily driven by the recent rise in NMDC iron ore prices and ongoing speculations about potential anti-dumping duty implementations. While this price hike has been…