Category: HR Plate
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India: Trade-level HR plate prices drop INR 700/t w-o-w amid sluggish demand, approaching monsoon
Monsoon-led labour shortages cause operational disruptions Construction activity slows amid extended monsoon forecast Trade-level prices of hot-rolled (HR) plates (IS2062, grade E250 Br, 20-40 mm) in India decreased by INR 700/t w-o-w to INR 53,500-56,000/t ex-Mumbai, as per BigMint’s weekly assessment on 21 May 2025. Additionally, prices of hot strip mill (HSM) plates (IS2062, grade…