Tag: Prices
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Indian Flat Steel Market Opens with Stable Prices
After the Indian manufacturers announced price hike of INR 1,500-2,000/MT for flat products last week, current week opened with unchanged prices. Current offers for 2.5mm HRC are assessed at INR 36,000-36,500 (ex-Mumbai and Delhi). While CRC offers are heard to be at INR 40,500-41,000/MT (ex-Mumbai and Delhi). Prices include excise of 12.5%. Indian government’s announcement…