India: HR strip prices drop d-o-d in key markets

HR strip (patra) prices dropped by INR 300/t ($4/t) in Raipur d-o-d while prices went down marginally by INR 100/t ($1/t) in Mandi Gobindgarh today. Current base grade patra (148-200mm, 2mm thick) prices stand at INR 51,000/t ($622/t) exw-Raipur and INR 50,900/t ($621/t) exw-Mandi. Prices are excluding GST at 18%.


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