Tag: India: Trade-level HR plate prices fall by INR 600/t w-o-w as demand slumps

India: Trade-level HR plate prices fall by INR 600/t w-o-w as demand slumps

Jul 4, 2025

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by

Saurabh Bihani

in HR Plate

Market struggles with low sales, cash flow issues Plate imports plunge 83% m-o-m, 93% y-o-y in Jun India’s hot-rolled (HR) plate (IS2062, Gr E250 Br, 20-40 mm) prices fell by INR 600/t w-o-w to INR 53,500-56,000/tonne (t) exy-Mumbai on 2 July 2025, amid falling sales. Additionally, prices of hot strip mill (HSM) plates (IS2062, Gr…