Tag: Indian HRC

Post new year holidays, domestic HRC prices have surged up by INR 500/MT over last week. Current 2.5 mm HRC (IS2062) offers are assessed at INR 31,500-32,000/MT (ex-Delhi), INR 30,500-31,000 (ex-Mumbai) and INR 31,000 (ex-Chennai). All prices include excise of 12.5%. The key reason behind the same being suspended imports amid MIP (Minimum Import Price) anticipation. “Talks…