Tag: Will Indian Mills Further Raise Domestic Flat Steel Prices in March?

Market participants shared with SteelMint that Indian steelmakers may further raise domestic HRC & CRC offers by around INR 1000/MT for March bookings. In the beginning of  Feb’19 Indian steel mills increased HRC & CRC prices by INR 750-1000/MT followed by second hike taken in mid of Feb by INR 500-1000/MT.Thus the total increase made…