China's DCE steel futures also declined yesterday, accordingly there has been a huge decline in the prices of ingot, old scrap and billet in the domestic market, the trading range of ingot today is 44700-45500, prices are expected to decline today in various areas of the secondary market of steel Mandi Govindgarh, Delhi, Gujarat, Raipur, Raigarh, Durgapur, Jalana and Rourkela. According to market experts, there is a possibility of reduction in demand for steel due to the ongoing decline in both domestic and foreign markets.