Steel prices may fall to Rs 60,000/tonne by March: Report - Moneycontrol


5/9/2022 12:00:00 AM3 years 9 months ago
by PTI

Prices are still holding high because of the continuing uncertainty over supply disruptions, decarbonization measures globally, especially in China and geopolitical risks stemming from the Russia-Ukraine war, which has driven up raw material costs, Crisil sai…

Steel prices, which have been on a song for the past two years, are finally set to correct on weak seasonality, and may trade at around Rs 60,000/tonne by the end of the current fiscal year, down fro… [+4146 chars]

full article...