Author: Sagar
-
Daily Update: Indian Steel Market 2 Mar’20
Indian billet & rebar prices drop further due to weak demand & strong supply. As per daily assessment, the prices fell by INR 100-500/MT today, with major drop of INR 300-500/MT in western region. Following the trend, sponge iron prices moved down by INR 100-200/MT, day on day in major markets. Participants believed that domestic…