SteelMint in conversation with industry participants learned that major Indian steel manufacturers have kept HRC, CRC price s unchanged for the month of Oct’19 amid slow off take in domestic steel market. Also with the upcoming festive holidays this month domestic HRC prices will continue to remain under pressure in Oct’19.
News ID: 6794 Publish Date : 2019/10/05
Indian major steel manufacturers have kept HRC, CRC price s unchanged for the month of Sep’19, SteelMint learned in conversation with industry participants. Owing to prolonged weakness prevailing in domestic demand & increasing inventories, Indian steel mill have also announced rebates over tepid demand and increased inventories in domestic market.
News ID: 6384 Publish Date : 2019/09/05