Author: Rounak Gairarey

Indian steel prices drop further on account of limited spot trades over festive season. On daily assessment, the Rebar prices plunged by INR 100-300/MT, Billet by INR 100-500/MT & Sponge iron by INR 100-200/MT. The sharp reduction in Billet prices marked in Hyderabad by INR 500/MT (USD 7), while in remaining markets the prices dropped…