Author: Abhishek Rai
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Weekly round-up: Semi-finished market sees uptrend, flat steel sentiments subdued
The domestic steel market witnessed a slight uptrend during week 25 ( 13 June- 18 June). Semi-finished steel prices surged by INR 300-2,500/tonne (t). Domestic induction furnace-grade finished long steel offers witnessed an upward trend. Offers rose by up to INR 2,000/t w-o-w. However, the trade reference prices for finished flats (hot rolled coils and…