SteelMint

Tag: Domestic HR-plates article

  • India: Sluggish trades continue to pull HR-plate prices down

    India: Sluggish trades continue to pull HR-plate prices down

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    by

    Kalpesh Padhiar
    in

    This week domestic HR-plate prices slumped further on reduced buying interest from traders who are postponing their purchases hoping for a further slide in prices. Currently, SteelMint’s benchmark assessment for the HR-plate (IS 2062 5-10mm) stands at INR 54,000-55,000/t exy-Mumbai, down by INR 750/t w-o-w. Price is exclusive of GST @ 18%. “Demand remained slow…