Tag: Rising raw material prices

The Indian steel majors had increased their list prices for hot rolled coils (HRCs) and cold rolled coils (CRCs) towards the end of Jan’22 by about INR 500-1,000/t ($7-13/t) after which AM/NS took a hike of INR 1,250/t ($17/t) for HRCs and INR 1,000/t ($13/t) in CRC for early Feb’22 sales effective from 1 Feb’22.…