Author: Vinay Tiwari

Weekly round-up: Semi-finished steel prices drop on bearish market sentiment ahead of New Year holiday

Dec 28, 2024

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by

Vinay Tiwari

in Billet, Semi Finished

Domestic induction furnace finished long steel offers witnessed volatility this week. Prices varied in the range of INR 100-1,00/t. On the other hand, trade reference prices for hot rolled coil (HRC) and cold rolled coil (CRC) saw a downtrend, falling in the range of INR 100-500/t w-o-w. Iron ore and pellet BigMint’s bi-weekly domestic pellet…