Steel Market Trends

Category:-Metal | 28-May-2024 10:02 AM

There was a decline in China's DCE steel futures yesterday also, accordingly there was a slight decline in the prices of ingot, old scrap and billet in the domestic market yesterday, the trading range of ingot today is 46000-46800, the secondary TMT of steel market is Yesterday's operating prices for Secondary TMT in various areas of Govindgarh, Delhi, Gujarat, Raipur, Raigarh, Durgapur, Jalana and Rourkela remained relatively stable, according to market experts. Despite slow demand in India's ferrous scrap market, prices remained stable. This is indicative of a possible decline if the sluggish trend continues. Last week saw mixed global scrap prices.

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