Tag: India: Trade-level HR plate prices remain rangebound for third week in a row

Trade prices of hot-rolled (HR) plate have remained rangebound for the third consecutive week. Better demand from the infrastructure and construction segments and increasing global prices have driven up HR plate prices, are some of the reasons highlighted by sources.  SteelMint’s weekly assessment for plates (E250, 20-40mm) stood at around INR 62,500-63,500/t ($756-759/t) exy-Mumbai. The…