Tag: Domestic HRC
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India:Domestic HRC Prices Stable; Discounts Announced by Major Steelmakers
Indian steel biggies have kept the flat product prices stable and are seen offering discountsfor Jun’17 bookings .Although,arrival of imported cargoes along with sluggish demand continues to keep domestic HRC prices under pressure. Currently HRC (IS2062) 2.5mm-8mm are assessed in the range of INR 39,000-39,500/MT (ex-Mumbai) and INR 39,500/MT (ex-Chennai). Prices are inclusive of Excise…