Author: Sagar
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Weekly round-up: IF-grade longs prices edge lower on lockdown uncertainties
In week 24 of CY’21, India’s induction furnace-based finished long steel market witnessed a decline in prices. Rebar prices fell by INR 200-1,000/t w-o-w in most of the major markets except Chennai. Indian HRC prices remained stable this week due to sluggish demand and weak trading activity in the domestic market. Iron ore and pellet…