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Jul 02, 2022 - BY Admin

India: Steel, raw material prices decline in June. What to expect in July?

Steel prices continued their downtrend in June after showing an unrelenting northward movement prior to April. Iron ore and pellets took the hardest punch from the export duties. Coal broke its resistance barriers of May to also show a decline while finished items felt the impact of the 15% export tax as did ferro alloys too. --Steelmint