Tag: Indian HRC domestic prices

Few major Indian steel manufacturers have increased flat steel prices by INR 1000-1500/MT amid rise in production cost, improved export realizations and costlier imports. Presently, reference prices (basic) for HRC (IS2062) 2.5 mm-8 mm are assessed in the range of INR 38,500/MT (ex-Mumbai) and INR 38,500-39,000/MT (ex-Chennai). The prices mentioned above are basic prices excluding GST @ 18%. As per SteelMint…