After a sluggish second quarter, the steel market is again facing a price increase from the month of October. The prices are expected to increase by 1500/- per M.T. in both CR and HR.
The market has become a roller coaster since last couple of years. Sometimes the prices are going up again prices are slashed. Nowadays the prices are revised monthly.This kind of volatality in the steel market has made life very much difficult for the trading comunity.