Tag: Infrastructure sector

  • Sluggish Demand Engulfs Indian Flat Steel Market

    Sluggish Demand Engulfs Indian Flat Steel Market

    Weak demand especially from infrastructure and engineering sector had an adverse impact on flat products market in India. Indian HR/CR prices continue to remain unchanged for over a month following muted demand from its user segments including infra and engineering sector. Current offers for 2.5mm HRC are assessed at INR 35,000-35,500/MT (ex-Delhi), INR 34,500-35,000/MT (ex-Mumbai)…