India: HR strip (patra) prices increase in major markets

HR strip (patra) prices rose by INR 800/t ($10/t) in Mandi Gobindgarh and by INR 900/t ($12/t) in Raipur d-o-d on 16 Jun’22. Current base grade patra (148-200mm, 2mm thick) prices stand at INR 51,600/t ($661/t) exw-Mandi and INR 50,800/t ($651/t) exw-Raipur, excluding GST at 18%.


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