Author: Pratibha Bajaj
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India: HR-plate prices increase on improved buying
Indian HR-Plate prices have increased this week on improved buying. SteelMint’s benchmark assessment for HR-plates (base grade IS 2062, 5-10mm) stands at INR 43,000-43,250/t exy-Mumbai, soaring up by INR 1000/t against the previous week. Factors driving plate prices are mentioned below: Major steel mills planning for a further hike in plate prices in Nov’20.Thus traders…