Tag: Indian mills raise HRC list prices sharply for Sept

Indian mills raise HRC list prices by upto INR 2,000/t ($27) for Sept

Sep 2, 2020

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by

Pratibha Bajaj

in HRC

Indian steel manufacturers have further raised their HRC list prices by INR 2,000-2,500/t ($27-34) for Sept ’20. Offers for HRC have moved up to INR 40,750/t ex-Mumbai. Supply tightness, hike in global steel prices and increased raw material cost resulted in the price hike.