Author: Sagar
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Weekly round-up: IF-route rebar offers drop, flats await further price hike
The domestic steel market remained volatile during week 7 (7 Feb’22 – 12 Feb’22). Semi finished prices fell sharply by INR 200-2,000/t. Rebar offers also declined due to weak buying enquiries and trading activities. Secondary rolling mills’ rebar prices dropped by up to INR 1,700/t w-o-w. On the other hand, finished flats manufacturers eyed a…