Indian mills to raise domestic HRC price by $14 per tonne in February

Indian steel producers were likely to increase their prices for hot-rolled coil by at least 1,000 rupees ($14) per tonne for February sales to take account of rises in the costs of raw materials such as iron ore, Fastmarkets has heard.

HRC prices for the current week, however, remained unchanged on Friday January 31 because February prices were likely to be announced early next week.

The price of steel HRC, domestic,...


Suresh Nair

January 31, 2020

16:12 GMT