Steel prices to remain volatile: Uttam Galva

While demand from auto and infrastructure sectors remaining weak, Ankit Miglani, deputy managing director, Uttam Galva expects steel prices to remain volatile. Global volatility in prices is also impacting domestic prices and Miglani expects prices to remain subdued till the end of the year. Uttam Galva is also critical of NMDC's decision to hike iron ore prices domestically at a time when global iron ore prices have come down sharply.