Author: Sagar
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Weekly round-up: Semi-finished prices fall sharply in overall dull steel market
Semi-finished steel prices registered a sharp fall during week 44 (25-30 Oct’21). Domestic billet prices fluctuated in the range of INR 200-1,800/t while sponge iron offers fell sharply by INR 400-1,500/t across regions with a major drop of INR 1,000-1,500/t reported in southern India . India’s finished long steel market via the induction furnace (IF)…