Tag: India steel index recovers after 15-week fall. Longs stage smart rally

Flats continue to fight imports & oversupply Raw material prices rise, support long steels Have domestic flat steel prices bottomed out? Morning Brief: After 15 weeks of a sustained free-fall, Indian steel prices staged a come-back into the green zone, although these are still hovering at near-four-year-lows. On 27 September, the BigMint India Composite Steel…