Indian mills to raise domestic HRC price by $20-27 per tonne in December

Indian steel mills were likely to increase the domestic price of hot-rolled coil by 1,500-2,000 rupees ($20-27) per tonne for December sales, Fastmarkets heard on Friday November 27.

The likely rise in domestic HRC prices in early December would be in line with the rising price of the commodity in the international markets as well as the steady rise in the costs of raw materials such as iron ore...

Published

Suresh Nair

November 27, 2020

17:18 GMT

Mumbai