Author: Abhishek Rai
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Weekly round-up: Semis market remains bearish on subdued finished steel demand
The domestic steel market moved south during week 46 ( 7-12 November, 2022). Semi-finished steel prices dropped in the range of INR 200-1,500/tonne (t). Domestic induction furnace finished long steel offers witnessed a downward trend, with offers declining by INR 1,500/t w-o-w. The trade reference price for finished flats edged down by INR 100-1400/t. Iron…