“Jindal Steel and Power, India's largest steel producer is expected to hold HR plate offers for October as demand in domestic market is decent. Current prices of 8mm-40mm HR plate is in the range of Rs 33,000-35,000/MT (Ex works Raigarh)”, shared sources.
“Offers at Jindal Steel had reduced in the range of Rs 700-1,200/MT in September. SAIL might also unchange prices of flat products this month.
Though, offers of flat products in international market have been falling for last one month, it might nor impact prices in Indian market”, they added further.
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