Author: Abhishek Rai

The domestic steel market saw downtrend during week 6 ( 6 February- 11 February, 2023). Semi-finished steel dropped in the range of INR 450-1,700/tonne (t). Domestic induction furnace finished long steel offers saw a negative price trend. Offers plunged by up to INR 400-2,300/t w-o-w. The trade reference prices for HRC and CRC varied in…