Author: Abhishek Rai
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Weekly round-up: Longs market witnesses positive trends, flat steel trade prices edge up
The domestic steel market saw a recovery in sentiments during week 41 (3 Oct- 8 Oct’22). Semi-finished steel prices rose in the range of INR 100-750/tonne (t). Domestic induction furnace finished long steel prices witnessed positive trends, with offers surging INR 1,000/t w-o-w. Trade reference prices for finished flats increase in the range of INR…