Indian mills to raise domestic HRC prices by $14 per tonne for February

Indian mills are likely to increase their domestic prices for hot-rolled coil (HRC) in February sales by about 1,000 rupees ($14) per tonne because of rising international HRC prices, particularly in China, Fastmarkets heard on Friday February 1.

Officials from at least two mills confirmed the likelihood of a price rise. Indian mills were likely to issue new price lists next week, the officials said. The new increase in domestic HRC prices comes within a...

Published

Suresh Nair

February 01, 2019

16:00 GMT

Mumbai