Tag: Steel Compostie Index
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SteelMint: India Steel Composite Index edges up as steel majors hike prices
Price hikes by the Indian steel majors this week drove SteelMint’s India Steel Composite Index higher by 8.1% to 192.5. AM/NS India announced a second round of hikes by INR 4,500/t for flat products, while SAIL has increased prices of HRC and CRC by INR 6,000/t since the beginning of Mar’22. The Index is backed…