Steel prices cool down after levy of export duty - Economic Times

Prices of domestic benchmark hot-rolled coil (HRC) steel at the traders' end have slipped by about 8% or ₹5,500 to about ₹63,800 per tonne since May 18, according to SteelMint, a market intelligence agency.

Steel prices in the domestic market have fallen by almost a tenth in the two weeks since the Centre levied export duty on the alloy, a trend underscored by the seasonal slowdown in demand. Prices of… [+3336 chars]

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