Tag: Domestic Plate prices
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India: Limited Trades Pull Down HR Plate Prices in Domestic Market
The unprecedented COVID-19 pandemic has resulted in a migrant crisis as daily wage workers had migrated to their home towns. Thus the severe shortage of labour and sparse trades, along with liquidity issues pulled down plate prices in the domestic market. Currently, SteelMint assessment of domestic HR-plate prices stand at INR 36,500-37,000/MT (ex-Mumbai), and INR…