Tag: India: HR plate trade prices up by INR 800/t ($10/t)

India: HR plate trade prices up by INR 800/t ($10/t)

Dec 22, 2022

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by

Suyash Jain

in HR Plate

Indian hot-rolled (HR) plate trade prices (E250, 20-40 mm) increased by INR 800/t ($10/t) to INR 57,500-58,500/t ($695-707/t), exy-Mumbai, excluding GST at 18% as on 22 December 2022. Prices have increased on an improved overseas offers and concerns over availability of slabs. Factors keeping trade prices elevated: 1. Slabs availability a concern: The availability of…