Author: Rounak Gairarey

Indian steel prices fell further due to falling trades. As per daily assessment rebar prices dropped upto INR 1,000/t, billet by INR 100-500/t, while sponge iron by INR 100-300/t in major locations. The major fall in rebar prices was marked in Gujarat by INR 1,000/t, d-o-d. Sources reported an increase in inventories, specifically in central,…