Tag: Domestic HR Plate Prices

  • Indian HR-plate prices soften; mills foresee demand recovery

    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…