Tag: BigMint’s India steel index edges lower w-o-w; looming monsoon dampens trade momentum

Subdued demand drags down BF, IF rebar prices Labour shortages, liquidity crunch impact HRC tags Monsoon-led demand lull to keep near term bearish Morning Brief: Indian steel prices weakened across the board last week, with the onset of the southwest monsoon curtailing demand from key sectors such as construction. In tandem, BigMint’s India Steel Composite…