Indian steel mills expand on firm prices, demand hopes
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Indian mills raise domestic HRC prices by $27 per tonne for November sales. Indian steel mills have increased their domestic hot rolled coil prices by about 2,000 rupees ($27) per tonne for sales in November. Fastmarkets' price assessment for steel HRC, domestic ex-warehouse India was 68,000-69,000 rupees ($909-923) per tonne on Friday 29 October.
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Mills raised their HRC prices with demand increasing on active restocking by traders and a sharp increase in spot prices. Mills had raised their domestic HRC prices by about 1,000 rupees per tonne in the second week of October. The price of steel HRC, domestic, ex-whse India, was assessed by Fastmarkets on October 22 at 68,000-69,000 rupees ...
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A higher blending of ethanol in petrol will help India cut its oil import bill and will benefit sugarcane farmers as well as sugar mills. The government on Wednesday raised the price of ethanol derived from sugarcane-based raw materials Ethanol Blended Petrol (EBP) programme by up to Rs 1.47 per liter for the marketing year 2021-22, starting ...
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Balrampur Chini Mills Expects Global Prices To Inch Up ...
We are expecting the all-India consumption to be at around 27 million tonne going forward, so quota allocation will happen in that ratio," he said. Patwari is hopeful that whatever will be the production, the company will be able to sell it domestically. Current sugar prices are at …
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