Tag: India Import Parity Prices at a Discount of 6-7%

The current prices of landed imported hot rolled coils (HRC) are at 6-7% discount to domestic, but these do not seem to be a cause for worry for Indian mills. Landed prices of import have been hovering at around $600-620/t CFR India while domestic trade-level ex-Mumbai HRC prices have traversed INR 57,000/t ($701/t) levels of…