Author: Sagar
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Weekly round-up: Domestic semi-finished steel market falls as finished steel prices tumble
Semi-finished steel prices recorded a sharp fall during week 46 (8-13 Nov’21). Offers declined to the tune of INR 1,100-2,300/t with a major drop witnessed in the billet markets of Ahmedabad, Rourkela and Raipur. India’s finished long steel market via the induction furnace (IF) route saw weak demand. Rebar prices declined by up to INR…