Tag: Indian steel mills to hike domestic HRC prices

Indian steel mills are planning to increase flat steel prices by around INR 500-1000/MT (USD 7-14/MT) in Dec’19, SteelMint learned from its trade sources.Surge in international prices, decent export bookings reported to Vietnam by Indian mills for Jan’20 deliveries and improved trades after Diwali have collectively pushed mills to go for price hike in Dec’19.…