Indian mills achieve $30-65 per tonne rise in HRC export prices, domestic prices flat

Indian hot-rolled coil export prices have jumped by $30-65 per tonne in the week to Friday January 21, with mills raising their HRC export prices and citing a spike in the cost of coking coal.

Indian steel mills, however, have kept local HRC prices stable in the absence of strong domestic demand.

The price of steel hot-rolled coil (commodity), export, fob main port India, was...

Published

Suresh Nair

January 21, 2022

17:02 GMT

Mumbai