Indian steelmakers are likely to increase domestic HRC prices by at least 2,000 rupees ($28) per tonne in January, following on from an increase in export prices, sources told Fastmarkets on Friday December 20.
But the mills will not be attempting further prices increase in the remaining days of December.Fastmarkets' weekly price assessment for steel HRC, domestic ex-works India, was 33,500-34,000 rupees per tonne...