Tag: Indian mills lift HRC list prices by $27 on tight supply

Indian steel manufacturers have increased HRC prices by INR 2,000/t ($27) for Sept’20 deliveries. Prices have moved up on the back of supply concerns and hike in global steel prices. After the latest increase in prices, mills are offering HRC (2.5-8mm, IS 2062) in range of INR 40,750-41,000/t (exy Mumbai) and CRC (IS 513 GR,…