Author: Saurabh Bihani

India: Trade-level HR plate prices decrease by INR 1,500/t w-o-w amid falling sales

May 15, 2025

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by

Saurabh Bihani

in HR Plate

Trade segment reduces prices to stimulate sales Chinese heavy plate offers remain firm w-o-w Trade-level prices of hot-rolled (HR) plates (IS2062, grade E250 Br, 20-40 mm) in India decreased by INR 1,500/t w-o-w to INR 54,500-57,000/t ex-Mumbai, as per BigMint’s weekly assessment on 15 May 2025. However, prices of hot strip mill (HSM) plates (IS2062,…