Tag: India: Mills adjust HR-plates prices amid slow market demand

Major Indian steel producers have announced their list prices for hot-rolled plates (HR-plates) for early-May sales. AM/NS India’s HR-plate (5-10mm, E250) list price stands at INR 86,000/t ($1,119/t)*, while those of SAIL are at INR 76,000-77,000/t ($989-1,002/t). It is heard that JSPL is offering PM plates (20-40mm, E250) at INR 86,000/t ($1,119/t). Prices are on…