Author: Abhishek Bhalla
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Will Indian Mills Hike Long Steel Prices in Apr’19 ?
As per trade sources report to the SteelMint, state owned & large mills in India who are making steel through blast furnace route are planning to raise their prices for April deliveries by approximately INR 500-1,000/MT (USD 7-14) across major markets The key factors behind expected price hike stated- low inventories, better response in semis…