Author: Rounak Gairarey

Indian steel prices remained on down-trend during the week-27 (29th Jun-6th Jul) on demand concerns amid monsoon & awaited announcement of Union budget. As per producers, inventory levels continued to remain, hence there was significant drop in prices. As per assessment, this week prices of Sponge iron drop by INR 300-800/MT, Billet by INR 300-1,300/MT…