Hot Rolled Plates (E350 B0) 20 - 25mm x 1500mm in Mumbai

Hot rolled plates are flat steel products made by rolling slabs at high temperatures. They are known for their strength, durability, and cost-effectiveness. These plates are a fundamental material used across different kinds of industries, from heavy engineering and fabrication to construction and shipbuilding.

While they don’t have the smooth finish of cold-rolled products, hot rolled plates have much better weldability and are great for uses where accurate shapes and tight tolerances are not so critical.

Key Properties of Hot Rolled Plates

• High Strength and Toughness: Works well enough in high-load applications.
• Good Weldability: Suitable for welding and fabrication processes.
• Thermal Resistance: Can handle elevated temperatures in industrial environments.
• Formability: Easily cut, bent, or shaped into structures or components.
• Cost-Effective: Affordable for different large-scale structural work.

Industrial Applications of Hot Rolled Plates

1. Construction and Infrastructure

Widely used for building bridges, flyovers, dams, and foundation structures.

2. Shipbuilding & Marine Engineering

Hot rolled steel plate is used in ship hulls and offshore platforms because of their strength and corrosion resistance.

3. Heavy Machinery and Equipment

Great for parts and bodies of cranes, loaders, and earthmovers.

4. Pressure Vessels and Boilers

Plates that can withstand pressure and high temperature are used in tanks, drums, and heat exchangers.

5. General Fabrication

Used for manufacturing tanks, silos, large containers, and structural frames.

Hot Rolled Plates Market Trends and Supply Chain

India's hot rolled plate market is seeing fast growth, driven by increased demand across various sectors. In 2024, the market was valued at approximately USD 56.73 million and is projected to reach USD 91.41 million by 2033, reflecting a compound annual growth rate (CAGR) of 5.04%.

India has seen a significant rise in steel imports, particularly from China, South Korea, and Japan, which together accounted for 78% of the country's finished steel imports. In response, the Indian government has imposed a 12% temporary safeguard duty on certain steel imports to protect domestic manufacturers.

The influx of low-priced imports has put pressure on Indian steel mills, especially smaller producers, leading to reduced operations and potential layoffs. Many major steel industry stakeholders, like JSW Steel, Tata Steel, SAIL, and ArcelorMittal Nippon Steel India, have supported plans to reduce imports and protect the domestic industry.

Hot Rolled Plate Prices

Talking about hot rolled steel plate prices, they can change depending on location, grade, supplier, brand, etc.

Latest Hot Rolled Plate Prices Across Locations

Hot Rolled Plates Historical Prices

Historically, prices have reacted to demand cycles in real estate and capital goods. Major fluctuations also come from global iron ore and coal prices.

Hot Rolled Plate Historical Price Data

Hot Rolled Plate Rates Today 

Today's hot rolled steel plate rates are shaped by:

• Local mill output and stock availability
• Transportation and freight surcharges
• Demand from public sector projects (railways, defence, infrastructure)
• International steel index trends and bulk buying by traders

Hot Rolled Plates Price Forecast 

As of April 2025, the price of hot rolled plates in India has been fluctuating. In March 2025, the price of hot rolled steel plate was reported at ₹51,500 per metric ton in Mumbai, showing an increase from ₹48,500 per metric ton in February 2025. 

Experts predict prices to fluctuate in the short term. However, despite current challenges, the long term outlook for India's hot rolled plate market remains positive, supported by strong domestic demand, infrastructure development projects, and government initiatives aimed at bolstering the steel industry.

Factors that Influence Hot Rolled Plate Prices in India

• Iron Ore and Coal Prices – These are key raw materials for hot rolled products.
• Government Spending – Infrastructure projects drive bulk demand.
• Import-Export Activity – Export orders reduce domestic supply, impacting prices.
• Seasonal Factors – Construction peaks during certain months.
• Regulations and Duties – Import duties and anti-dumping policies affect pricing trends.

Get the Best Hot Rolled Plate Prices Today on Nexizo

If you’re looking to buy hot rolled plates right now and don’t want to waste time, Nexizo is one of the better places to check out. You can get:

• Daily rates for HR plates in multiple grades and thicknesses
• Compare prices from top Indian brands
• Bulk quote options
• Fast, pan-India delivery and logistics support
• Updates on government tenders that require hot rolled plates

Speaking of tenders, there are many that are open right now. One is from the South East Central Railway for a bunch of scrap steel in Raipur, Chhattisgarh. Another is from North Western Railway in Jaipur—same scrap metal. Then there’s a Karnataka Housing Board tender for building an office in Vijayapura. That one’s worth over ₹41 crore, so it’s pretty huge. And one more from Bhabha Atomic Research Centre in Andhra Pradesh, which is about building an earth retaining structure and a bridge.

So, go ahead and check HR plate prices today at Nexizo.