Tag: India: Trade-level HR plates prices remain stable w-o-w
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India: Trade-level HR plates prices remain stable w-o-w
Inventories low, but real challenge is demand RBI repo rate cut may inject liquidity, boost sales Trade-level prices of hot-rolled (HR) plates (IS2062, grade E250 Br, 20-40 mm) in India remained stable, at INR 53,000-55,500 /t ex-Mumbai, as per BigMint’s weekly assessment on 9 April 2025. Similarly, prices of hot strip mill (HSM) plates (IS2062,…