Tag: Higher production Cost
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Higher Raw Material Cost of Production Boost Domestic Plate Prices
Recently, Indian manufacturers have raised the flat products prices by INR 1,500-2,000/MT which also includes HR plates prices. Flat product prices are constantly rising on account of higher coking coal prices. Current offers of HR Plate (ex-mill) are hovering in the range of INR 33,500-34,000/MT. Whereas offers from ex-Mumbai and ex-Delhi are heard to be …