Tag: Indian HRC CRC spreads records all time high
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India:Domestic HRC and CRC spread records all time high in May’21
Higher export realizations motivated Indian steelmakers to lift HRC and CRC prices in domestic market. Meanwhile, price rallies in the global market have increased the gap between local and export prices. Due to this factor domestic mills are continuously raising steel prices. Last month Indian mills had raised HRC and CRC prices thrice and recently…