India: HR strip (patra) prices drop by up to INR 400/t ($5/t) in key markets

HR strip (patra) prices dropped by INR 400/t ($5/t) in Mandi Gobindgarh and by INR 200/t ($3/t) in Raipur on 13 Aug’22. Current base grade patra (148-200mm, 2mm thick) prices stand at INR 53,200/t ($668/t) exw-Raipur and INR 54,400/t ($683/t) exw-Mandi, excluding GST at 18%.

On a weekly basis, prices fell by INR 450/t ($6/t) in Raipur and by INR 270/t ($3/t) in Mandi Gobindgarh.


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