Author: Abhishek Rai

The domestic steel market witnessed downtrend during week 8 ( 20 February- 25 February, 2023). Semi-finished steel prices fell in the range of INR 400-1,700/tonne (t). Domestic induction furnace-finished long steel offers saw negative price trend, offers dropped by up to INR 100-1,600/t w-o-w. The trade reference prices for HRCs and CRCs increased in the…