Tag: Indian Market

After the price surge of INR 500-1,000/MT announced by Indian steel majors two weeks back, prices of flat products corrected by INR 200-500/MT in the traders market this week. Current offers for 2.5mm HRC are assessed at INR 35,500/MT (ex-Delhi), INR 35,000-36,500/MT (ex-Mumbai) and INR 35,500-36,000/MT (ex-Chennai). All prices include excise of 12.5%. Offers for…