SteelMint

Tag: Plate prices

  • India: HR plate prices rise by up to INR 1,000/t ($13/t), w-o-w

    India: HR plate prices rise by up to INR 1,000/t ($13/t), w-o-w

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    by

    Kalpesh Padhiar
    in

    Domestic hot-rolled (HR) plate prices increased further by INR 300-1,000/t ($4-13/t) w-o-w after mills indicated a second round of price hikes to be announced for Feb’22. AM/NS India increased prices again by INR 1,000/t ($13/t) for Feb despatches, with effect from 8 Feb’22. SteelMint’s assessment for HR plate (E250, 5-10mm) stands at INR 66,500-67,500/t ($884-897/t)…