Author: Sagar
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Weekly round-up: Indian semi and finished long steel prices show uptrend
The domestic steel market remained strong during week 8 (14 Feb – 19 Feb’22). Semi-finished prices increased sharply by INR 400-1,900/tonne (t). Rebar offers also surged by INR 300-2,000/t due to active buying enquiries and trading in the spot market. Guage parity revision in a few locations was also one of the major factors behind…