BigMint’s India steel composite index, a barometer of the domestic steel market, edged lower by 0.5% w-o-w to 138 points from 138.7 points last week, as continued weak sentiments persisted in the steel market. The composite flats sub-index slipped 0.4% w-o-w following a 0.2% decline last week, while the longs index contracted again by 0.5% after a brief phase of marginal recovery since end-February.
