Author: Manish Vasdev

  • Will Indian Long Steel Prices Decline Further ?

    Will Indian Long Steel Prices Decline Further ?

    Iron & Steel prices in Indian domestic market have been falling since the beginning of November’18 due to poor off take in finished steel products, healthier supply, lessened exports & improved import parity. The Semis manufacturers are forced to cut prices even though the margins (conversion spread) are limited. Similar comments were received from re-rollers…