Author: BigMint Technologies Pvt Ltd

Indian MS Plate manufacturers prefer to hold offers amid high volatility in Indian currency. Current offers for 10-20 mm MS Plate are assessed at INR 30,000-30,500/MT ex-factory. Indian currency that has depreciate to 20 months low; currently trading at 64.2/USD, will make import dearer by about 2.5-3%. Indian manufacturers are hopeful that firm offers from…