Tag: Indian PPGI price increases in October

India : Domestic PPGI Prices Jump in October Ahead of Festive Season

Oct 6, 2018

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by

Pratibha Bajaj

in Pre-Painted Galvanised Coil

Following hike in HRC,CRC prices in beginning of this week,major Indian steelmakers have increased PPGI prices by around INR 1,250-2,000/MT in domestic market. Indian steel mills have increased flat steel prices significantly in anticipation of improved demand from automotive sector ahead of upcoming festive season.Secondly,Indian currency depreciated to 73.74 against USD results to costlier imports.Thus…