Author: Rounak Gairarey

Indian steel market moved downwards in week-19 (7-12th May) owing to weakening trade activities in domestic market. The producers in major markets also stated downfall in spot trade volumes, hence pressurised to reduced prices. As per SteelMint assessment, during the week prices of Semis & Long steel products down approximately by INR 500-1,500/MT (USD 7-23) in…