Author: Sagar
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Weekly round-up: Indian IF-route rebar, semis’ prices up, flats subdued
India’s induction route rebar prices rose in most markets by INR 200-1,300/t. Positive sentiments and rise in raw material prices led to improved demand and trading activity in finished long steel. Semi-finished prices increased sharply. Billet offers rose in the range of INR 500-2,000/tonne across regions. Similarly, sponge iron prices were also up by INR…