Steel, fuel prices to impact domestic steel demand in coming quarters: SteelMint - Moneycontrol

3/30/2022 12:00:00 AM3 years 1 month ago
While hot-rolled coil (HRC) is quoting in the range of Rs 76,000-77,000 per tonne, cold-rolled coil (CRC) is costing between Rs 85,000-86,000 per tonne. Rebar price stands at Rs 72,000-73,000 a tonne, SteelMint India said on Thursday.
The domestic steel demand is expected to take a hit in the coming quarters due to "very high steel prices" and continuously rising fuel prices, according to industry consultancy SteelMint India. Stee… [+1334 chars]
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