India’s major hot-rolled (HR) plate producers raised their list prices by around INR 1,000-1,300/t from the end of December 2024 for January 2025 sales. Following this increase, list prices of HR plates (IS 2062, 5-10 mm) are estimated to range at INR 50,500-54,000/t (exy-Mumbai). Prices are exclusive of an additional 18% GST. HR plate prices […]
