Author: Sagar
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Weekly round-up: Indian steel market witnesses mixed sentiments
The semi-finished steel market witnessed a supportive trend during week 27 Dec’21 – 1 Jan’22. Domestic billet and sponge iron offers increased by INR 600-2,200/tonne across regions. India’s induction-route finished long steel mills observed moderate trade enquiries and transactions in the spot market. Rebar prices moved up by INR 500-2,700/t during the week. Iron ore…