Tag: India: Steel mills announce interim hike of INR 500/t ($6/t) in HRC list prices

Mills raise list prices by INR 500/t ($6/t) Trade-level HRC prices rebound in key markets Raw material costs a concern Market abuzz with likely price increase for Mar’23 Indian private steel majors announced an increase of INR 500/t ($6/t) in HRC list prices earlier this week. Uptrend in global HRC prices and rising raw material…