Tag: India: HR strip prices drop by up to INR 800/t w-o-w in key markets

India: HR strip prices drop by up to INR 800/t w-o-w in key markets

Sep 7, 2024

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by

Ankit Tamrakar

in Pipes

HR strip (patra) prices declined by INR 800/t ($10/t) w-o-w in Raipur and by INR 300/t ($4/t) in Mandi Gobindgarh on 06 Sep’24. Current base-grade patra (148-200 mm, 2 mm thick) prices stand at INR 40,500/t ($482/t) exw-Raipur and INR 42,600 ($507/t) exw-Mandi. Prices exclude 18% GST. Prices fell as trading activity slowed down due…