Tag: India: Mills eye 2nd round of price hike in HRCs; trade-segment range-bound

The Indian steel majors are likely to announce a second round of price increases for sales for the month of February, after AMNS India raised HRC prices further by INR 500/t ($7/t) with effect from 8 Feb’22. Other steel majors are likely to follow suit after having increased prices by INR 1,000-2,000/t in the preceding…