Tag: Indian mills raise HR plate list prices by INR 1500/t ($18/t); trade-level stays range-bound
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Indian mills raise HR plate list prices by INR 1,500/t ($18/t); trade-level stays range-bound
Major Indian plate producers announced an increase of around INR 1,500/t ($18/t) in their list prices of hot rolled (HR) plates with effect from 1 March 2023. Elevated raw material prices, decently filled mill order books and strong global prices are among the reasons behind this hike. Subsequent to the hike, list prices of HR…