Author: Sagar
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Weekly round-up: Indian steel market remains weak
The Indian steel market remained weak on account of poor demand during week 49 (29 Nov’21 to 4 Dec’21). Indian semi-finished steel prices plunged by INR 400-1,900/t across regions. The re-bar market observed weak trade enquiries and limited transactions across the major supplying regions. Also, prices decreased by INR 200-1,700/t w-o-w. Moreover, domestic finished flat…