Tag: India domestic HR-plate price article
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India: HR-plate prices range-bound, trade-level demand still sluggish
Domestic hot-rolled (HR) plate prices continued to hover in the range seen in the previous week on account of subdued demand in the end-user segment. For week 34 (16-21 Aug’21), SteelMint’s benchmark assessment for HR-plates (IS 2062/E250, 5-10 mm) stands at around INR 66,500-67,000/t exy-Mumbai. The prices mentioned above are exclusive of GST @18%. What…