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13 Sep
15:30

Domestic strength supports Indian prices amid slowdown: Crisil

Despite the global slowdown, Indian steel prices are expected to remain stable this fiscal year ending 31 March 2024 (FY24), Crisil Market Intelligence and Analytics says in a recent report seen by Kallanish. According to the research agency, domestic flat steel prices are expected to remain stable at INR 59,000/tonne ($711.37) and long steel at INR 56,000/t. Smouldering domestic demand, rising coking coal prices, and production-related dynamics in China are likel…
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