Author: Rounak Gairarey

India’s domestic steel prices maintained downward trend owing to lack of trading activity, which caused manufacturers to lower their offers in line to attract buyers. As an impact, on day trade activities Sponge iron offers declined by INR 100-600/MT & Billet by INR 400-1,000/MT (USD 6-15). During the day, major price fall in Billet seen…