Tag: India: Hike in HRC list prices of up to 1

Tier-I steel mills have officially announced a price increase of INR 800-1,000/t ($6-18/t) for hot-rolled coils (HRCs) and cold-rolled coils (CRCs) in their November 2024 sales. This upward adjustment is primarily driven by the recent rise in NMDC iron ore prices and ongoing speculations about potential anti-dumping duty implementations. While this price hike has been…