Tag: Domestic Offers
-
MIP Anticipation Drives Up Indian Plate Prices
Imported offers for plates remain stable against last week with no buying interest from Indian traders. Indian steel market has been abuzz with the news of upcoming Minimum Import Price (MIP) on steel imports since last one month. Current offers for plates of base size 16-20 mm are assessed at INR 25,500-26,000/MT (ex-factory, excluding 12.5%…