Tag: HR plates 5-10mm
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Indian HR-plate producers cut list price; trade price remains range-bound
Major plate producers in the country are now announcing either discounts or a reduction in list prices after factoring the low buying interest among auto and trade segment participants. 1. AM/NS India has announced a reduction of INR 2,500/t in HR plate prices for March deliveries. Effective list price stands around INR 51,000-51,500/t (exy-Mumbai). 2.…