Tag: India HRr-plate price

India: Traders increase HR-plate price ahead of anticipated price hike announcement by major mills

Mar 26, 2021

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by

Kalpesh Padhiar

in HR Plate

This week domestic HR-plate price witnessed a steep increase in the traders’ market of around INR 1,500-2,000 t in anticipation of a hike to be announced by major mills in the first week of Apr ’21. SteelMint’s benchmark assessment for the HR-plate (IS 2062/E350) for 5-10mm stands at INR 54,500-55,500/t (exy-Mumbai). Last week, prices stood…