There was a slight decline in China's DCE steel futures yesterday, accordingly there was a sharp decline in the prices of ingot, old scrap and billet in the domestic market yesterday, the trading range of ingot is 46300-47100, the main markets of steel are Mandi Govindgarh, Raipur, TMT prices in Raigarh, Durgapur, Jalana and Rourkela are expected to be stable today, according to market experts, there has been a decline yesterday due to profit booking in the upper layer, but the trend of steel is still positive. There is a concern regarding supply in the local market, currently the demand for steel is good.