SteelMint

Tag: India’s long steel composite index stable w-o-w

  • India’s long steel composite index stable w-o-w

    India’s long steel composite index stable w-o-w

    —

    by

    Shubham
    in

    Trade-level BF rebar stable amid weak demand: Trade-level blast furnace-route rebar prices remained stable w-o-w at INR 51,600/tonne ($623/t). Project segment prices too were stable w-o-w at INR 49,500-50,000/t ($597-604/t) but fell INR 500/t ($6/t) m-o-m. Demand continued to remain weak while distributors were keen to destock amid the persistent liquidity crunch.