Author: Rounak Gairarey

Indian steel prices drop further on account of limited spot trades and rising inventories with the mid sized mills. As per daily assessment the prices declined by INR 100-700/MT in which sponge iron prices down by INR 100-300/MT, Billet by INR 200-700/MT & Rebar INR 100-500/MT with major fall of INR 500-700/MT (USD 7-10) in…