Author: Abhishek Rai

The domestic steel market remained upwards during week 50 ( 5-10 December). Semi-finished steel increased by INR 250-2,250/tonne (t). Domestic induction furnace mills’ finished long steel offers witnessed a positive price trend, with offers rising by INR 1,900/t w-o-w. The trade reference prices for finished flat decreased in the range of INR 600-2,900/t. Iron ore…