Tag: domestic HR plates
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Indian mills mulling for a steep hike in plate prices in Jan’21
Major Indian steel mills are planning for a significant hike in plate prices following an increase in hot-rolled prices and supply crunch prevailing in the domestic market. The revival of construction and infrastructure projects continues to support higher plate prices. Currently, SteelMint’s benchmark assessment for the HR-plate (IS 2062) stands at INR 54,500-55,500/t exy-Mumbai. Price…