Tag: India: SAIL raises HRC list prices for February 2024; but closes January with rebate

Indian state-owned steel manufacturer Steel Authority of India Limited (SAIL) disclosed a rise of approximately INR 500/t in list prices for Hot-rolled coils (HRC) and cold-rolled coils (CRC) in February 2024. Concurrently, the mill provided rebates of INR 2,000/t for January 2024, as per industry sources. Effective list prices, factoring in the rebate, are now…