Tag: SteelMint steel index dragged down by dull domestic; overseas demand
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SteelMint steel index dragged down by dull demand, govt steps may elicit mixed response
Domestic buyers step back, do only need-based buying Exports look dull as globally prices fall EU quotas, China’s emergence from lockdown may inject excitement in market Recent govt measures can cut production costs, but discourage exports Morning Brief: SteelMint’s India Steel Composite Index fell 2% in the week ended 20 May, 2022. In fact,…