Tag: India: Trade-level HR-plate prices up by INR 700/t w-o-w amid demand uptick

Trade level prices of HR-plates have increased by INR 700/t over the week. Demand remains better for HR-plates in the market and there is material offtake. The current week’s assessment for plates (E250, 20-40mm) stands around INR 57,000-58,000/t as against the previous week’s INR 56,500-57,500/t. Prices are on an exy-Mumbai basis, excluding GST @ 18%.…