Steel sector outlook strengthens as demand holds firm, input costs ease
July saw divergent steel prices across different global markets. While steel prices in the US strengthened, China’s softened, and Europe’s were flat. In India, flat steel prices were resilient. Long steel prices lost ground before bottoming out in mid-July. Global steel output rose year-on-year (Y-o-Y). Prices of inputs such as iron ore, coking coal, and ...
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