Author: Sagar
-
Weekly round-up: Indian steel prices drop amid sluggish demand
Indian semi-finished steel prices decreased sharply as per SteelMint’s assessment. Domestic billet prices fell by INR 300-2,000/t. The finished long steel market saw limited demand during the week although prices declined by INR 500-2,500/t w-o-w. Amid sluggish demand, flat steel prices fell across India. Meanwhile, consecutive declines in global HRC export offers also weighed on…