Tag: composite index

  • India steel index dips w-o-w, but longs prices stay firm

    India steel index dips w-o-w, but longs prices stay firm

    Tight iron ore, scrap and coal supplies keep secondary longs firm Flats still face exports pressure, mills to lower list prices Globally, high energy costs narrow longs-flats price gap Morning Brief: After pulling back into the positive zone after 10 weeks, the SteelMint India Steel Composite Index again returned to negative territory on 1 July,…