Tag: Landed cost of HRC imports cheaper than domestic prices
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India: Domestic HRC Prices Under Pressure Over Cost Effective Imports
Recently in the beginning of the month majority of Indian steel manufactures announced cut in domestic HRC & CRC prices by INR 1500/MT for December deliveries. Weakening offers for imported HRC from major exporting nations like Japan, Korea and China resulted to competitive price of landed cost compared to domestic prices. Landed cost of HRC imported from China,Japan,Korea to India Particulars China Japan …