Tag: BigMint India steel index

BigMint India steel index slips into negative zone w-o-w

Jun 20, 2024

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by

Simran Chanana

in Crude Steel

The BigMint India Steel Composite Index, after flickering positively for a week, fell back again into negative zone. On June 14,2024, the index closed at 144.6 points (145.6) after a weekly 0.7% decline. The w-o-w indices of the longs and flats also decreased. In a sluggish market, IF rebars experience inventory pressure. Growing HRC imports…