Author: Kameshwar Rao
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South India’s steel prices show mixed trends w-o-w
Muted construction, infrastructure sector demand weighs on prices Narrow operating margins support sponge iron prices in Bellary Steel prices in southern India witnessed a mixed trend in the week ended 15 May 2026 amid subdued demand from the construction and infrastructure sectors. Sponge iron prices remained supported amid manufacturers’ narrow operating margins, despite subdued buying…