Tag: POSCO Indonesia

Domestic plate prices fell by INR 500/MT after stability in market during last two weeks. Current offers for plates of base size 16-20 mm are assessed at INR 24,500-25,000/MT (ex-factory, excluding 12.5% excise) and INR 29,000/MT (ex-Delhi, including 12.5% excise). Prices have fallen due to high inventory pressure from domestic steel majors, especially SAIL (Steel…