India: HR plate prices ease as market momentum remains tepid

Indian hot-rolled plate prices (20-40 mm, Grade E250 Br.) eased by INR 800/t ($8/t) w-o-w, settling at INR 60,800/t ($638/t) as of 29 April, 2026, down from INR 61,600/t ($646/t) recorded a week ago. The modest price correction reflects subdued market sentiment, with tepid demand and sluggish trading activity continuing to weigh on prices.


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