Tag: Imported offers
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Indian HRC Prices Sink to New Lows
Domestic HRC prices fell further this week owing to increased inventory by major steelmakers like SAIL and JSW Steel. Current offers for 2.5 mm (IS2062) HRC is being assessed at INR 29,250/MT (ex-Mumbai) and INR 30,500 (ex-Delhi and ex-Chennai). All prices include excise of 12.5%. Import HRC offers are going stable since last one month.…