Tag: Import parity
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India-Landed Cost of HRC Moves Down Amid Declining Global Prices
According to SteelMint analysis the landed cost of HRC from (China,Japan and South Korea) will stand at INR 40,00-41,000/MT. On the other hand domestic prices of HRC in flat steel market are hovering in the range of INR 41,500/MT (inclusive of excise duty 12.5%). Therefore landed cost of HRC to India has become cheaper by…