05
Jun
11:06
India's steel market opens tepidly following election
India’s much-awaited election results on 4 June have confirmed the continuation of the current government's tenure. However, the reaction in steel and raw materials markets has been notably dull, observes Kallanish.
Rebar prices have declined by INR 500/tonne ($6), while domestic scrap and direct reduced iron prices have corrected down by INR 200-450/t ($2-5) across various cities. No change has been observed so far in the flat steel market.
Despite ind…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous