India: Patra prices rise by up to INR 2,800/t ($37/t) in key markets

HR strip (patra) prices improved today on increased inquiries by end-users. Current offers for base grade patra (148-200 mm, 2 mm thick) are:

• Mandi Gobindgarh: INR 61,600/t ($805/t), up by INR 2,800/t ($37/t) d-o-d basis.
• Raipur: INR 60,500/t ($791/t), higher by INR 1,500/t ($20/t) against yesterday.
• These prices are exw basis and exclusive of 18% GST.