Tag: Restocking demand pushes up prices

The trade reference prices of the benchmark HR-plates (IS2062, 5-10mm) have witnessed an increase by INR 700-1,000/t in key markets this week on the back of active restocking in the trade channel. Earlier this week, a State-owned mill officially announced an INR 1,000/t hike in PM-plates, effective 28 Sept’21. The list price after hike comes…