Author: Abhishek Rai

The domestic steel market saw downtrend during week 5 ( 30 January- 4 February, 2023). Semi-finished steel prices fell in the range of INR 150-1,300/tonne (t). Domestic induction furnace finished long steel offers saw a volatile price trend, offers varied up to INR 100-1,400/t w-o-w. The trade reference prices for Hot rolled coils (HRCs) and…