SAIL further reduces HRC price for Indian domestic market

Thursday, 18 November 2010 11:57:12 (GMT+3)   |  
       

Indian steelmaker Steel Authority of India Ltd (SAIL) has further reduced the price level for its hot rolled coil (HRC) offers to the local market, due to weak demand. SAIL is currently offering November production HRC to the Indian domestic market at INR 31,000-31,500/mt ($684-695/mt) ex-works.

$1 = INR 45.325


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