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14 Sep
12:44

India metals price index declines 2% in August

India’s price index for basic metals, alloys and metal products declined by -1.9% on-month in August to 154.1, Kallanish learns from India’s commerce and industry ministry. The base fiscal year with a value of 100 is 2004/05. The decline was due to lower prices of scrap (by -6%); billet, sheet and wire rod (-5% each); silver, sponge iron, angles and pencil ingots (-4% each); rounds, pig iron, HRC and CRC (-3% each); plates, steel rods, joist and…
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