HR strip (patra) prices in Mandi increase sharply by INR 1,300/t ($17/t)

HR strip (patra) prices increased by INR 1,300/t ($17/t) in Mandi Gobindgarh and by INR 800/t ($10/t) in Raipur on 1 July. Current base grade patra (148-200mm, 2mm thick) prices stand at INR 54,300/t ($688/t) exw-Mandi and INR 53,400/t ($677/t) exw-Raipur, excluding GST at 18%.