Tag: steel margin pressure India

Subdued construction activity weighs on scrap demand DRI share rises in charge mix due to cost factor, availability Liquidity crunch, rising inventory at yards impact scrap prices Morning Brief: India’s domestic ferrous scrap market has hit its lowest point in over four years, with prices across key hubs-Mandi Gobindgarh, Chennai and Jalna-declining by INR 2,000-2,500/tonne…