Tag: SteelMint India steel index sees steepest 5% fall post- export duty restructure

Mills withdraw export offers in flats and longs Domestic buyers hold back in falling market Mills may further lower prices in June Morning Brief: In a knee-jerk reaction to 21 May’s late evening announcements on duty restructuring by the government, SteelMint’s India Steel Composite Index lost further ground. It closed -5% lower w-o-w at 169.1…