Author: Rounak Gairarey

Indian Steel prices moved down trend in the week opening and plunged by INR 100-300/MT. The trade participants reported, aggressive supply amid weak buying interest, leading to significant fall in prices through the mid size steel mills. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 30,300-33,600/MT (USD 435-483) ex-plant.…