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The article speculates that the domestic prices of steel in India will decrease by 1,000 to 1,500 Indian Rupee per tonne following the decision of the government to reduce excise duty to 10 percent. In addition, demand for steel is expected to increase as a result of the excise duty ...
nked to imports.]]>The article reports that India's rising steel prices is linked to landed prices of steel imports and not to the rising raw material prices. According to the Federation of Indian Mineral Industries, local steel has linked its selling price to the higher cost of landed ...
The removal of export taxes on finished steel failed to revive the Indian steel market, where prices remained under downward pressure due to high inventories, increased steel imports in recent months, and a slower-than-anticipated rebound in domestic steel demand. Our assessed HRC price has decline...
(Scrap Monster): Flat steel prices in India jumped by nearly 25 per cent in just two months following the Ukraine war. However, subsequently, thanks to a drop in raw material prices, imposition of export duty by the Government of India, and rising stock levels the prices of flat steel ...
This would heap pressure on margins of steel makers who lack captive iron ore supply - especially long steel players -impacting their gross spreads by 2 to 4%. Domestic iron ore prices are likely to rise by 3 to 4% in 2019 on account of global supply glitch, rating agency Crisil said....
As per market participants, the falling trend in steel prices are likely to continue for at least two weeks. United States Steel News News
Indian steelmakers are aiming to raise ex-works pr - 《Sbb Daily Ebriefing》 被引量: 0发表: 2017年 Indian HRC prices remain steady; rebar prices climb on higher offers Platts assessed the spot price of IS2062, 2.5-10 mm thick HRC, excluding 18% goods and services tax, at Rupee 54,00...
Fastmarkets’ weekly price assessment forsteel scrap, HMS 1&2 (80:20 mix), import, cfr Nhava Sheva, India, was $305-320 per tonne on Friday, up from $300-315 per tonne one week earlier. Offers of UK-origin HMS made up the bottom end of the range, with Brazil offers...