Tag: hot rolled plate demand

  • India: HR plate prices decline further on dull demand

    India: HR plate prices decline further on dull demand

    Hot-rolled (HR) plate prices in the domestic market continued their downward trend for the second week in a row as a result of sluggish demand from the end-user industry. Prices have come down by INR 1,000-1,500/tonne (t) w-o-w. For week 35 (23-28 Aug’21), SteelMint’s assessment for benchmark HR-plates (IS 2062/E250, 5-10 mm) stands at around…