Tag: India steel index in red zone again after 3 weeks. Flats steady

IF rebar weighed by bid-offer disparity, inventory glut Flats see pre-festive restocking but imports continue Outlook uncertain, market awaits post-Diwali upturn Morning Brief: After hovering in positive territory for three consecutive weeks, Indian steel prices again slipped into the red zone. On 18 October, 2024, the BigMint India Composite Steel Index closed marginally down 0.1%…