Tag: Sentiments soften with decline in Chinese HR-plate prices

The trade reference prices of HR-plate in key markets remained range-bound, this week. Domestic trade activity was slow to pick up post the festive holidays as participants await clarity on the price direction amid recent decline in global offers. For week 46 (8-13 Nov), SteelMint’s assessment for HR plates (E250, 5-10mm) remain pegged at INR…