16
May
13:04
Sluggish demand slashes Indian steel prices: Crisil
The recent multiple hikes in steel prices across all sectors in India, coupled with inflationary pressure have impacted consumer sentiment, eventually leading to a price correction. The onset of the monsoon, moreover, as domestic and export demand plunges, is pointing towards a further fall in prices, says rating agency Crisil.
Supply disruptions amid the Ukraine-Russia war, geopolitical tensions, and decarbonisation measures have seen raw material costs surge, wh…
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Anonymous
Very good overview of the weekly steel market.
Anonymous