Author: Saurabh Bihani
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India: Trade-level HR plate prices stay range-bound w-o-w
Weak demand persists for several weeks now Participants await price cuts/support from mills India’s hot-rolled (HR) plate (IS2062, Gr E250 Br, 20-40 mm) prices remained range-bound w-o-w at INR 53,500-56,000/tonne (t) exy-Mumbai on 19 June 2025, amid sluggish demand. Additionally, prices of hot strip mill (HSM) plates (IS2062, Gr E250 Br, 5-10 mm) remained stable…