Author: Rounak Gairarey

Indian spot steel trades remained weak as billet prices drop further by INR 100-700/MT on day basis with major fall of INR 400-700/MT in central, north & southern regions. Inline rebar prices declined by INR 100-800/MT following major corrections in southern India – Hyderabad by INR 800/MT. Meanwhile Sponge iron prices slump by INR 100-300/MT…