Tag: Indian mills announce third price hike
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India: Domestic HRC prices climb further as mills lift offers by INR 1,500 ($20)
Indian steel mills have recently announced a third round of price hike by INR 1,000-1,500/t ($14- 20) for Dec’20. Robust demand, strong global prices, tighter material availability and cost push have resulted in the continuous upside in domestic flat steel prices. Effective prices by major steel mills JSW Steel- HRC offer stands at INR 50,400/t…