Tag: HRC offers
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SAIL Likely to Cut HRC Prices by INR 700-1,000/MT – Trade Sources
India’s biggest steel giant, SAIL is expected to reduce its HRC offers by INR 700-1,000/MT and other major players may follow suit. Looking at increasing pressure of cheaper import from China, Japan and Russia accompanied with subdued domestic demand, Steel Authority of India Limited (SAIL) is likely to lower domestic HRC (2.5 mm grade) prices…