Tag: India: Trade-level HR plate prices drop w-o-w amid low demand ahead of festivals
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India: Trade-level HR plate prices drop w-o-w on low demand during festivals
HR plate prices drop by INR 1,000/t w-o-w China’s plate offers on hold amid holidays India’s trade-level hot-rolled (HR) plate (IS2062, Gr E250 Br, 20-40 mm) prices stood at INR 52,000-53,000//tonne (t), exy-Mumbai, dropping by approximately INR 1,000/t w-o-w on 8 October 2025. This decline in prices can be attributed to low domestic demand ahead…