Tag: Raw material

India: Raw material prices head north in Feb amid geo-political tensions

Mar 3, 2022

—

by

Admin Operation

in Fines/Lumps

February saw Indian semi, finished and raw material prices spurting m-o-m, goaded by supply and geo-political issues. SteelMint goes behind the uptrend. Coal: The bi-weekly index tracking the average portside ex-Gangavaram prices of the South African RB2 5500 NAR rose a sharp 23% m-o-m in Feb’22 to INR 15,980/t against INR 12,980/t in Jan’21. Although…