Tag: Indian Steel Mills Roll-over HRC Prices Market Lacks Clarity on Low Trades
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Indian Steel Mills Roll-over HRC Prices; Market Lacks Clarity on Low Trades
Major Indian steel mills have announced roll over in HRC prices for May’20 deliveries, SteelMint learned from its sources. Also, the anti-dumping duty levels on imported HRC to India which makes imports less viable can be attributed to the roll-over in prices. The companies are offering HRC (IS2062 2.5-8mm) at INR 39,000/MT (ex-Mumbai). Prices mentioned are basic and…