Tag: India HR Plate Prices
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India- Slow Buying Pulls Down Domestic HR Plate Prices
This week Indian HR-Plate prices continued treading downwards with correction of INR 250-450/MT across major markets (Delhi & Mumbai). Slowdown in buying activities over bleak demand fuel pessimistic market sentiments and drag down plate prices in domestic market. Thus, current trade reference prices for HR plate (5-10mm, IS2062) are hovering around INR 35,500-36,000/MT (ex- Mumbai)…