Tag: India steel index at multi-year lows but GST reforms in downstream sectors to boost demand

Oversupply, high inventory weigh on HRC prices Revised GST on auto, construction to augment steel demand Export duty on iron ore may pressure steel prices further Morning Brief: BigMint’s India steel composite index, a barometer of the domestic steel market, continued to hover at multi-year lows in mid-September 2025 due to several factors, but mainly…