Author: Rounak Gairarey

Indian steel prices drop further on account of limited spot trades and rising stock with the mid sized mills. On daily assessment, the Rebar prices plunged by INR 100-500/MT, Billet by INR 100-300/MT & Sponge iron by INR 100-200/MT. The sharp reduction in Rebar prices marked in Hyderabad by INR 500/MT (USD 7), while in…