Tag: HRC Domestic Prices

According to SteelMint’s analysis, landed cost of imported HRC (from China, Japan and South Korea) will stand at INR 45,000-47,000/MT. On the other hand, after recent price hike of INR 3,000/MT by major Indian steel makers, domestic HRC prices in India are seen hovering at INR 41,500-42,000/MT (inclusive of excise duty @ 12.5%). Hence, it…