Indian mills raise domestic HRC prices by $7-10/t, HRC export prices up by $30-40/t

Indian steel makers increased hot rolled coil prices for domestic markets by 500-750 rupees ($7-10) per tonne in the week ended Friday January 28 but achieved an increase of $30-40 per tonne for their HRC export bookings.

Fastmarkets' price assessment for steel HRC, domestic ex-warehouse India was assessed at 64,500-65,750 rupees per tonne on January 28, an increase of 500-750 rupees from last week’s price of 64,000-65,000...

Published

Suresh Nair

January 28, 2022

17:30 GMT

Mumbai