Tag: Indian HRC

  • Indian HRC Prices Fall, Imported Offers Stable

    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…