Tag: Will Indian Steel Mills Hike Domestic HRC Prices Further

Major Indian steel mills are planning to raise HRC and CRC prices by around INR 1000-1500/MT in Jan’20, SteelMint learned from market participants. The price hike is expected owing to a hike in export prices, decent export bookings made to Vietnam, and lower import bookings. SteelMint, in conversation with market participants, learned that the domestic price…