Tag: HR/CR
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Indian Flat Products Prices Stable Ahead of MIP Expiry
Domestic flat steel prices have remained stable this week amid uncertainty about MIP. Current offers for 2.5mm HRC (IS2062) are being heard at INR 33,500-34,000 (ex-Delhi) and INR 34,000 (ex-Mumbai). 0.9mm CRC (IS 513, Gr.o) offers are heard at INR 38,000 (ex-Mumbai) and INR 39,000/MT (ex-Delhi). Prices include excise of 12.5%. Current offers for base…