Tag: India: Steel majors cut HRC list prices by up to INR 3

Indian steel majors have lowered their list prices of hot-rolled coils (HRCs) by up to INR 3,500/t ($44/t) and cold-rolled coils (CRCs) by up to INR 2,650/t ($34/t) for early-August sales as against the previous month’s prices. Post revision, prices of HRC (IS2062, 2.5-8mm) stands in the range of INR 58,000-58,500/t ($733-740/t) and CRC (IS513…