India: Trade-level HR plate prices inch down w-o-w amid slow trading activity
BigMint's weekly benchmark assessment for HR plate (2040 mm, Gr E250 Br.) inched down by INR 300/t ($3/t) w-o-w to INR 58,100/t ($642/t) as of 11 February 2026, compared with INR 58,400/t ($645/t) in the previous week. This marginal decline was attributed to slow trading activity, even as demand remained moderate. Prices are quoted ex-Mumbai for the distributor-to-dealer segment and exclude 18% GST.