Tag: India: HR plate trade prices inch up by INR 500 m-o-m in October

Monthly average trade prices of hot-rolled (HR) plates increased by around INR 500/t in October from September. The price increase announced by mills in the first week of October pushed tags higher. However, as market participants swerved to the sidelines ahead of Diwali, trade activity got affected towards the month end. SteelMint’s assessment for HR…