Indian mills likely to raise domestic HRC prices by $31 per tonne

Steel mills in India are likely to increase their domestic prices for hot rolled coil (HRC) sales in September by Rs2,000 ($31) per tonne, Metal Bulletin has heard.

Domestic prices for commercial-grade HRC in the week ended Friday September 1 were assessed at Rs39,000-39,500 ($609-617) per tonne ex-mill. Officials from at least two HRC-producing mills confirmed that their domestic...

Published

Suresh Nair

September 01, 2017

18:08 GMT

MUmbai