Author: Vinay Tiwari

Weekly round-up: Semis, rebar prices decline even as mixed market sentiments prevail

Jan 4, 2025

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by

Vinay Tiwari

in Billet, Semi Finished

Domestic induction furnace finished long steel offers showed a mixed trend. Prices fluctuated within a range of INR 200-500/t. Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, increased by INR 300/t w-o-w to INR 9,550/tonne (t) DAP Raipur on 3 January 2025. Raipur-based pellet-makers raised their offers for pellet Fe 63%…