Tag: Crude Steel

India’s Long Steel Composite Index down by 1.3% w-o-w. Rebar prices continued to downtrend last week. Prices fell further by INR 800-1,200/t ($10-14/t) during the week amid dull buying activity in the domestic market. Rebar prices (12-32mm) in the trade segment, minus 18% GST, dropped by INR 900/t ($11/t) w-o-w to INR 54,300/t ($650/t) exy-Mumbai.Prices…