The country’s largest steel company is witnessing high growth and fast deleveraging. Steel prices in the US are at $1,500 per tonne, at €1,000 per tonme in Europe and $1,000-1,050 in Southeast Asia. In India, prices are below $900 per tonne. The current domestic steel prices may sustain as Indian steel buyers are at advantage in terms of cost to their global peers.from Personal Finance News-Wealth-Economic Times https://ift.tt/3uSKXeF
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