The BigMint India Steel Composite Index dropped further to close at an 11-week low. It has been falling for three consecutive weeks now and slight bearish sentiments are gripping the market with the onset of the monsoon rains. On 28 June, it ended down by 0.9% w-o-w at 141.9 points (143.1). Both the longs and flats indices fell w-o-w, the former by over 1%.
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