Tag: Industry News
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India: Reasons indicates Steel Prices sustain in short term- Trade Sources
SteelMint learned that there are 4 major reasons that indicates market will stabilize or increase from this intensity; no hope for major correction 1) High Prices of Raw Material a) Restricted supply of Iron ore from Odisha, mainly due to 50:50 rule results in rise of Sponge iron prices b) Rising Scrap prices in domestic…