Tag: Plate Export Offers
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Indian Plate Prices Drop Over High Inventories in Domestic Market
Indian flat steel traders are holding huge inventories this month on account of weaker demand prevailing in the domestic market. Dull demand is weighing on the domestic prices. Current prices of commercial grade plate are hovering in the range of INR 38,000-38,500/MT(ex-Mill).Prices are exclusive of excise duty 12.5%. And in major markets prices of plates…