Steel Prices Have Weakened Recently; Asian Steel Spreads Near 15-Year Low | CNBC TV18 | Nigel Dsouza
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Steel Prices Have Weakened Recently; Asian Steel Spreads Near 15-Year Low | CNBC TV18 | Nigel Dsouza
What’s in store for steel in 2026? 1. Steel Prices weak in near term India HRC price has also softened with spot 8% below the Sep-Q 2. Hopes of prices bottoming out as Asian spreads are near 15-year low! Reason: Asian spreads are ~40% below its long term-average 3. Chinese Steel Market - Production down but exports at elevated levels! 4 ...
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