Tag: HR-plate price article

  • India: HR-plate prices increase INR 500/t but demand subdued

    India: HR-plate prices increase INR 500/t but demand subdued

    This week, domestic HR-plate prices have shown an uptrend of around INR 500/tonne (t) in the retail market segment. For week-33, the SteelMint benchmark assessment for HR-plates (IS 2062/E250, 5-10 mm) stands at around INR 66,500-67,250/t exy-Mumbai. The prices mentioned above are exclusive of GST @18%. Factors impacting market sentiments 1. Sluggish trade- The continual…