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EU-Metal

Global Steel Prices

Magnified Non-Prime Steel Industry’s Struggles: Pandemic

Magnified Non-Prime Steel Industry’s Struggles: Pandemic Before the pandemic engulfed the whole economy, steel industry was already struggling as it grew only 3.4% in 2019, the pandemic has just worsened the scenario. In the initial phase of 2020 between the month of January & March, the industry experienced a 1.4% decline in crude steel production, …

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Chaotic COVID And The Steel Prices

As per the analyst, the difference between domestic and international prices are currently 8%. “An increase in prices from September is on the cards. The iron ore prices were at a six-year high. “International steel prices in August, too, have increased”.