India: Alloy steel round bar prices remain stable w-o-w

Indian alloy steel round bar (EN-8/C45, 110-150 mm and EN-8/C45, 160-200 mm) prices remained unchanged w-o-w at INR 63,500/t ($716/t) and INR 67,000/t ($755/t) ex-works, respectively. The market was stable, supported by steady production and improved demand, driven by the automotive and construction sectors. However, on an m-o-m basis, prices declined.


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