Tag: Feb’22 HRC CRC price hike

India: AM/NS lifts flat steel prices by up to INR 1,250/t ($17/t) for early Feb’22

Feb 2, 2022

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by

Kalpesh Padhiar

in HRC

Integrated steelmaker ArcelorMittal Nippon Steel India (AM/NSI) has recently announced a hike in list prices of HRC by INR 1,250/t ($17/t) and CRC by INR 1,000/t ($13/t) for early-Feb’22 sales, sources informed SteelMint. HRC stands at INR 66,000-67,000/t ($882-895/t) CRC: INR 71,750-72,750/t ($959-972/t) Prices are exy-Mumbai excluding GST at 18%. Soaring coal prices, robust export…