Steel is an important part of all development plans in any country or
state and it constitutes as a significant part of infrastructure all
over the world. The steel market therefore is directly related to
demand and supply. It is extremely dynamic and the rates or steel price
is decided almost on a daily basis. The other factors determining the
steel price could be the shortage in supply due to labor issues,
availability of raw material, power or transportation. Steel scrap
price along with cold rolled steel prices are all determined similarly. Read More
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