Tag: India steel index languishing at pandemic-levels. Bear grip may not ease in short term

Longs buyers remain in wait-and-watch mode Imports continue to keep flats under pressure Raw materials’ price side fails to offer support Market awaits mills’ list prices for August sales Morning Brief: The bear grip on Indian steel prices is even firmer. The BigMint India Steel Composite Index is now grovelling at three-and-a-half year lows. On…