Surge in imports coupled with a blip in demand ahead of the upcoming general elections is weighing on steel firms. Data sourced from BigMint (formerly SteelMint/CoalMint), a market intelligence and price reporting firm, show that the average monthly price for hot rolled coil (HRC) in January stood at Rs 54,275 per tonne ex-Mumbai.… Continue reading Rising imports weigh on Indian steelmakers ahead of Lok Sabha polls | News