Tag: raw material prices range-bound in Jan’24 amid dull demand
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India: Steel, raw material prices range-bound in Jan’24 amid dull demand
Steel and raw material prices continued to move in a narrow range for the second month in a row in January 2024 amid tepid steel demand. Iron ore fines moved up more sharply than others while portside thermal coal showed the deepest m-o-m drop. Although the mills tested the waters with some price increases last…