"At the Moment" is the key word here.
People who live in present will never have foresight to see in future.
Future could be good or bad.. there always will be demand for Steel and with the lowest spot price RR 27% on investment...thats the worst case scenario. So you do the math.
Anyways count this as one of your trading mistakes that you will do and hope that you will learn from your mistakes in future.
Your Well Wisher.