Tag: India: BigMint’s flagship steel index continues to decline w-o-w. Outlook remains gloomy

BF rebar trade prices down INR 1,300/t w-o-w, inventory rises HRC tags fall marginally, coated segment sees sharper correction Weak global sentiments, monsoon blues to affect prices in short term Morning Brief: The depression in the domestic steel market continued last week, with steel prices witnessing a steady downward spiral. BigMint’s India steel composite index,…