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India mills lift HRC, CRC prices on higher global offers


Domestic HRC and CRC prices continue to remain discounted as compared to international rates. Indian mills are aiming to reduce the gap between international and domestic pricing. Mills have lifted local HRC and CRC prices sharply.
Recent hike by major Indian steel mills JSW Steel announced a second hike in its list price of HRC and CRC at the beginning of this week by around INR 1,750-2,000/t. The revised list price of HRC stood at INR 66,750-67,000/t and CRC at INR 82,500-83,000/t. AM/NS India announced its second hike


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