Tag: Indian CRC prices

Low demand and decent imports have forced Indian flat steel producers to offer discounts to an extent of INR 1,000/MT (USD 16). Current offers for 2.5mm HRC assessed at INR 34,500-35,000/MT (Incld Excise) at Mumbai, Delhi and Chennai. Which means net sales realization for a manufacturer on ex-factory basis would be around 28,500-29,000/MT (Excluding excise…