Tag: Domestic HR Plate Prices
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Indian HR-plate prices soften; mills foresee demand recovery
Indian domestic HR plate prices in trade markets softened on tepid demand and limited trade activities. SteelMint’s benchmark assessment for HR-plates (base grade IS 2062, 5-10mm) stood at INR 42,000-42,250/t exy-Mumbai, down by INR 200-300/t against the previous week. “Sales in the trade market continued to remain slow. Customers feel the possibility of prices softening…