Author: Shruti Tripathi
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India: HR plate prices soften w-o-w amid weak demand
Buyers delay purchases amid expectations of mills reducing prices Adequate supply weighs on prices, monsoon slows project execution India’s hot-rolled (HR) plate (IS2062, Gr E250 Br, 20-40 mm) market remained under pressure in the week ended 8 July 2026 as weak demand, slow trading activity, and cautious market sentiment led to a further correction in…