![Steel prices fell 13-15% in July](https://market-tracker.in/wp-content/uploads/2022/07/blogtm1200x658-resize-1200x658-a7542dd51f-d8c84acfd5dbdeb2-1.jpeg)
Steel prices fell 13-15% in July
Global steel prices, including export prices of Indian mills, have seen a 13-15% downward correction, month-on-month on seasonal demand weaknesses, recessionary pressures across the world, and an economic slowdown eyeing at China. For Indian hot rolled coil the benchmark offering prices are at $ 639 per tonne, fob East Coast, down by $93. The HRC…