Tag: Flat Steel Prices

India: Flat Steel Trading 4-5% higher over Inventory Shortage

Feb 22, 2014

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Admin Operation

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Flat Steel prices have steeply appreciated by 4-5% in Hyderabad owing to shortage in inventory. HR (2.5 mm) Coils in Hyderabad is trading at INR 48,000/MT (Including ED, VAT Extra). Flat Steel prices in other parts of India have remained unchanged. However, shortage of Inventory was also reported from Ludhiana. Availability of Cold rolled products…