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Indian steel market on downward trajectory in Oct'25 but key raw materials prices firm up

Source: BigMint Nov 07, 2025 10:00
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Steel prices show sustained decline in Oct'25. Iron ore prices remain firm amid supply concerns. Coking coal edges up slightly on strong China cues
Morning Brief: The Indian steel market continued to weaken further in October 2025, with steel and metallics prices declining m-o-m even against the stagnant levels witnessed in September. The sustained decline in steel prices happened at a time when iron ore and coking coal prices have remained relatively firm, thereby

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