Steel Market Trends

Category:-Steel | 17-Apr-2024 09:56 AM

There was a slight correction in China's DCE steel futures yesterday, accordingly there was a correction in the prices of ingot, old scrap and billet in the domestic market last week, the trading range of ingot is 46500-47500, the main market of steel is Mandi Govindgarh, Raipur. , TMT price in Raigarh, Durgapur, Jalana and Rourkela is expected to be stable today. According to market experts, there may be a lot of fluctuations in the price of steel because of geopolitical tension in the Middle East. The risk has increased more. Due to which the price of steel has been supported by the increase in the price of raw material and problem in supply, this week the price of TMT in the primary market of India has increased by about ₹ 2100/ton. 


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