Author: Hitanshi
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India: HR plate prices rise amid improved buying activity, HRC support
Major mills raise prices by INR 500/t for August. HRC gains and tighter availability support HR plate prices. India’s hot-rolled (HR) plate prices increased in the week ended 19 August, supported by moderate-to-good demand and improved buying activity. Market sentiment also strengthened after a major domestic mill raised prices by INR 500/t ($5/t), for the…