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India steel mills plan to rise steel flat product domestic price in August - 26 Jul 09

Several India steel mills decided to raise their domestic prices again by US$20~30/ton on steel flat product in August, especially HRC.

In early July, Steel Authority of India Limited (SAIL) just raised its HRC, CRC, GI based price by about USD$16 to21/ton in response to strong demand.

Besides,it’s said that currently domestic HRC offer is about US$50/ton higher than import offer.

source: yieh.com

Jul 26, 2009 08:13
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