India: HR strip (patra) prices decline d-o-d in key markets

HR strip patra (148-200mm, 2mm thick) prices declined by INR 500/t ($6/t) in Raipur, while prices dropped marginally by INR 100/t ($1/t) in Mandi Gobindgarh on 20 Oct’22. Current base grade patra prices stand at INR 50,500/t ($611/t) exw-Raipur and at INR 51,000/t ($617/t) exw-Mandi, excluding GST at 18%