Tag: Infrastructure sector
-

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)…