Category: HR Plate
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India: Slow demand pulls down trade level HR-Plate prices to 4-month low in July’24
Monthly average HR Plate prices drop 4-month low, close to April 2023 levels Prices dropped around INR 850/t ($10/t) m-o-m in July 2024 Lacklustre buying in the traders’ market weighs on prices The monthly average trade-level prices of hot-rolled (HR) plates (E250 Br, 20-40mm) in the Mumbai region have dropped to 4-month low levels close…