Tag: India: Trade segment prices of HR plates spike by INR 5700/t ($74/t) w-o-w

India: Trade segment prices of HR plates spike by INR 5,700/t ($74/t) w-o-w

Mar 11, 2022

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by

Kalpesh Padhiar

in HR Plate

The trade level prices of hot-rolled (HR) plates increased steeply by around INR 5,700/t ($74/t) in key markets this week. The steep hike in prices has come on the back of surging global prices as well as the steep increase in raw materials costs. For week 11 (7-12 Feb’22), SteelMint’s assessment for HR-plates (E250, 5-10mm)…