Steel prices in Hyderabad fall by Rs 300-500/MT across all categories on weak sentiments

 Tuesday, 07 June

• Ingot prices in Hyderabad slip further by Rs.500/MT and are now quoted at Rs. 28,200/MT
• Billet prices follow suit and is now available at Rs 29,000/MT
• Re-bar (12mm ) prices also went down by Rs 300/MT and are now offered at Rs 31,500/MT.
• Prices of Angle and sponge haven’t come down yet but it’s expected to come down soon.