Volatility in steel prices likely to continue in medium-term: SteelMint ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 51
The volatility in steel prices is likely to continue in the medium-term due to the impact of geopolitical situation on supply chain logistics, according to SteelMint. Last week, steel makers increased the prices of hot-rolled coil (HRC) by Rs 1,400 to Rs 60,700 per tonne from Rs 59,300 a tonne on February 22, the research firm said in a report. In the last six months, the steel prices have not been stable. The user industry has been witnessing price revisions on a weekly basis. "The volatility in the prices is likely to continue in the medium-term on account of geo-political situations across the globe impacting the supply chain," SteelMint said. This situation has led to changing supply-dem

Hence then, the article about volatility in steel prices likely to continue in medium term steelmint was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Volatility in steel prices likely to continue in medium-term: SteelMint )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

Trump’s Alaska Energy Revival Hits a Wall as Auction Draws Zero Bids

before hour & 38 minute

PM reviews Talaat Moustafa Group’s investment plans

before 6 hours & 2 minute

The enduring truth of Tupac’s ‘money for wars, but can’t feed the poor’

before 6 hours & 7 minute

Thanksgiving Point Named Utah County's First Organization of the Year

before 6 hours & 41 minute

Mozambique: Minister Denies Attempt to Restrict Use of Internet

before 6 hours & 59 minute

America Depends Less on Oil Than Ever

before 7 hours & 42 minute

Video Series "What International Friends Think of Shandong": Great Food, Enchanting Scenery

before 8 hours & 29 minute

ISLE 2026 Successfully Defining New Trends in Smart Display and System Integration

before 8 hours & 47 minute

Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy

before 12 hour & 41 minute

Trump Bombs Iran’s Kharg Island and Threatens to Hit Oil Exports

before 17 hour & 16 minute

Thomson Reuters Files Documents for Proposed Return of Capital and Share Consolidation Transactions

before 17 hour & 21 minute

New dime to celebrate America’s birthday takes on new meaning under Trump

before 17 hour & 38 minute

Big Tech's Push to Make Electricity Cheaper

before 17 hour & 51 minute

Xinhua Silk Road : la 34e Foire de l'Est de la Chine met à l'honneur la résistance et la vitalité du commerce extérieur

before 18 hour & 7 minute

Pentagon tightens control of Stars and Stripes after blasting it as ‘woke’

before 19 hour & 22 minute