The steel industry is facing continued pressure on prices due to weak global demand and high exports from China. Experts suggest that only further production cuts and increased consumption, particularly from China, could help stabilize prices. Domestic prices in India have also been affected, with a significant drop since the start of the year.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.