Author: Harshit Tiwari
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Weekly round-Up: Domestic semis prices edge lower in alignment with steel longs prices
In the domestic steel market in week 6 (3-8 February) of 2025, semi-finished steel prices declined by INR 100-700/tonne (t). Flat steel prices edged up as Tier-I mills hiked prices, while the rebar market saw regional variations. Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, decreased by INR 100/t w-o-w to…