Tag: Trades continue to remain slow
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India: Domestic HR-plate prices fall INR 500/t, demand subdued
Domestic HR-plate prices dropped by INR 500/t this week with meek demand from the downstream industries and the end-users in the trade segment. For week 39 (20-25 Sept’21), SteelMint’s assessment for HR plates (IS 2062/E250, 5-10mm) stood at INR 65,000-65,500/t exy-Mumbai. Prices are basic, excluding GST at 18%. SteelMint in conversation with market participants learned-…