Tag: BigMint’s India steel index drops close to 4.5-year lows on sustained price downturn

HRC trade prices weaken w-o-w on seasonal factors High inventories weigh on rebar prices in key markets Outlook gloomy amid absence of near-term demand trigger Morning Brief: BigMint’s India steel composite index, a barometer of the domestic market and steel prices, edged down by 0.3% w-o-w on 11 July 2025, reflecting a steady downtrend in…