Author: Abhishek Rai

Weekly round-up: Semis market remains bearish as finished steel prices edge lower

May 7, 2022

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by

Abhishek Rai

in Billet, Semi Finished

The domestic steel market noticed dull trends during week 19 (2 May – 7 May’22). Semi-finished steel prices dropped in the range of INR 200-1,800/tonne (t). Domestic induction furnace finished long steel offers dropped in the range of INR 800-2,400/t w-o-w. Trade reference prices for finished flat fell in the range of INR 500-1,200/t for…