Category: HR Plate

  • India: HR-plate trade prices reel under slow demand

    India: HR-plate trade prices reel under slow demand

    The persistent low buying interest and bearish sentiments in the domestic market weighed on the trade segment prices of HR plates this week, leading to a correction of around INR 1,300/tonne (t). For week 28, SteelMint’s benchmark assessment for HR plates (IS-2062/E250) of 5-10 mm thickness declined by INR 1,300/t to INR 64,000-65,000/t ($859-872), exy-Mumbai,…