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India: HR Plate prices drift lower as trade stays subdued

Source: BigMint Jul 21, 2026 10:00
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Buyers hold back amid weak demand, mirroring the HRC trend. Ample supply adds to the pressure
India's hot-rolled (HR) plate (IS2062, Gr E250 Br, 20-40 mm) market extended its downward move in the week ended 15 July 2026, echoing softness. Weak demand, sluggish trading, and a cautious mood pulled prices lower, with buyers holding off purchases; much the same wait-and-watch behaviour that has kept HRC

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