Tag: HRC exy-Mumbai
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India: Mills raise flat steel prices by up to INR 1,250/t ($15) for mid-Jan sales
Indian steel majors have announced an interim hike of up to INR 1,250/t ($15) for hot rolled coils (HRC) and cold rolled coils (CRC) earlier this week. Improved global market sentiments, absorption of the previous price hikes and raw material prices have played a pivotal role behind the pricing policy of Indian manufacturers. Effective list…