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p/direct-materialsSep 22, 2026
220

Steel price volatility — auto component buyers kaise hedge kar rahe ho?

VS

V. Singh

Strategic Buyer, Larsen & Toubro

HRC prices quarterly 8–12% swing kar rahe hain. Annual contracts ab almost meaningless lagte hain. Index-linked pricing clauses kisi ke kaam aa rahe hain auto supply chain mein?

5 comments

Comments (5)

10·0
AD

Arjun D.

Sep 27, 2026·Sep 27, 2026, 4:14 PM

Same story in forging. Annual contracts without index are basically broken now.

9·0
KN

Kavi Nair

Sep 26, 2026·Sep 26, 2026, 3:21 PM

Hedging through trader inventory helped during the last spike, but carrying cost is real.

8·0
AR

Anu R.

Sep 25, 2026·Sep 25, 2026, 2:28 PM

HRC ke liye CRU / Platts reference use kar rahe ho? Alignment pe pehle agree kar lo.

7·0
RM

Rajat Mehta

Sep 24, 2026·Sep 24, 2026, 1:35 PM

We blend 70% index + 30% fixed for 12 months. Both sides can live with it.

6·0
PH

P.S. Hegde

Sep 23, 2026·Sep 23, 2026, 12:42 PM

Index-linked pricing with quarterly resets is standard in our steel contracts now.