Category: HR Plate
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India: HR plate prices fall by up to INR 700/t w-o-w amid slow market conditions
BigMint’s weekly assessment for HR plates (IS2062, Gr E250 Br, 20-40mm) stood at around INR 52,000-54,500/t ($619-661/t) exy-Mumbai as of 13 November 2024, down INR 700/t ($8/t) w-o-w. Meanwhile, weekly prices of hot strip mill (HSM) plates (IS2062, Gr E250 Br, 5-10mm) remained stable at INR 48,500-49,500 /t ($595-607/t) exy-Mumbai, influenced by the decline in…