SteelMint

Tag: Will Indian mills raise domestic HRC offers in Feb

  • Will Indian Mills Raise Domestic HRC Offers in February?

    Will Indian Mills Raise Domestic HRC Offers in February?

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    by

    Pratibha Bajaj
    in

    SteelMint in conversation with market sources learned that major Indian steelmakers are in discussions to increase HRC & CRC prices by around INR 750-1000/MT (USD 12-14) in domestic market for the month of February. Since Indian steel mills are speculating that global flat steel prices will increase post Chinese Lunar New Year Holidays which is…