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20 Mar
15:52

Indian steel prices to remain elevated: Crisil

Coking coal supply disruptions in Australia and increased input costs are expected to keep steel prices elevated in the fiscal year ending 31 March 2024 (FY24), says Crisil in a report seen by Kallanish. "Domestic [steel] prices are expected to rise again amid a new wave of supply disruptions in Australia," Crisil opines. "Despite consecutive years of correction, prices are expected to remain elevated, almost 1.3 times the FY19 prices." Meanwh…
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