Tag: India long steel composite index down 0.5% w-o-w

  • India long steel composite index down 0.5% w-o-w

    India long steel composite index down 0.5% w-o-w

    While longs have been seeing some pre-election action, flats continued to be under liquidity pressure. BF rebar prices up on pre-election demand: Mills took an interim hike of INR 500-1,000/tonne ($6-12/t) in list prices of rebars which encouraged a nominal increase of INR 500 ($6/t) for trade-level blast furnace rebars. The latter closed w-o-w at…