Indian mills to raise domestic HRC prices by $10-14 per tonne for March sales

Indian mills are expected to raise domestic hot-rolled coil prices by about 750-1,000 rupees ($10-14) per tonne for March sales, citing rising demand and higher export prices.

Indian mills have kept domestic prices of HRC stable through February, but two mills confirmed they were considering raising prices in March.

Market participants, however, said that any increase...


Suresh Nair

February 28, 2020

17:14 GMT