Author: Sagar
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Weekly round-up: India’s steel market remains subdued
India’s induction furnace route, finished long steels market saw limited buying enquiries while domestic hot-rolled coil prices continued to remain on the downside. Imported scrap prices into India remained range-bound. Iron Ore SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, was recorded at INR 12,150/t DAP Raipur on 27 Aug’21. Odisha’s Essel Mining has lowered…