India: HR strip (patra) prices drop by up to INR 300/t ($4/t) in key markets

HR strip (patra) prices dropped by INR 300/t ($4/t) in Mandi Gobindgarh, and by INR 200/t ($3/t) in Raipur d-o-d on 25 June. Current base grade patra (148-200mm, 2mm thick) prices stand at INR 52,800/t ($675/t) exw-Mandi and INR 52,000/t ($665/t) exw-Raipur, excluding GST at 18%.

Prices rose by INR 950/t ($12/t) in Raipur and INR 500/t ($6/t) in Mandi w-o-w.


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