Tag: Indian HRC
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Indian HRC Prices Fall, Imported Offers Stable
With the news of MIP being delayed by the government, domestic HRC prices registered a fall in the range of INR 500-750/MT in the second week of Jan’16. Current offers for 2.5 mm HRC (IS2062) are being assessed at INR 30,800/MT (ex-Delhi), INR 29,500/MT (ex-Mumbai) and INR 30,500/MT (ex-Chennai). Prices include excise of 12.5%. “After…