Tag: India: Market awaits HRC CRC list price hike for early-October sales; trade prices move up
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India: Market awaits HRC, CRC list price hike for early-October sales; trade prices move up
Indian flat steel majors are looking to increase hot rolled coil (HRC) and cold rolled coil (CRC) list prices for early October sales in the next few days. Market participants are anticipating an INR 1,000-1,500/t ($12-18) increase by mills. Trade-level prices have taken the cue with prices moving up by around INR 1,000/t ($12) w-o-w.…