Author: Saurabh Bihani
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India: Trade-level HR plate prices decrease by INR 500/t w-o-w
Market yet to see expected festive demand pick-up Construction demand stays weak amid heavy rains India’s trade-level hot-rolled (HR) plate (IS2062, Gr E250 Br, 20-40 mm) prices decreased by INR 500/tonne (t) w-o-w to INR 53,500-55,500/t exy-Mumbai on 17 September 2025. Additionally, prices of hot strip mill (HSM) plates (IS2062, Gr E250 Br, 5-10 mm)…