Category: HR Plate
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India: Trade-level HR plate prices drop INR 300/t w-o-w amid sluggish demand
Trades remain limited to immediate needs Inquiries stay slow, with poor conversion India’s hot-rolled (HR) plate (IS2062, Gr E250 Br, 20-40 mm) prices fell by INR 300/tonne (t) w-o-w to INR 53,500-56,000/t exy-Mumbai on 12 June 2025. However, prices of hot strip mill (HSM) plates (IS2062, Gr E250 Br, 5-10 mm) remained stable w-o-w at…