Tag: India Plate prices
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India: Inactive Buying Keeps HR Plate Prices on Lower Side
This week market sources shared with SteelMint that domestic plate prices continued to remain on downside over poor demand, lower consumer spending along with liquidity crunch and ongoing monsoon season in domestic market. Currently trade reference prices for HR plate (5-10mm,IS2062) hovering around INR 37,000-37,500/MT (ex- Mumbai) down by INR 750/MT over previous week. However plate…