Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices edge down on soft demand
Billet down INR 100-600/t except in Bhavnagar Rebar tags fall INR 100-800/t in most locations This week, semi-finished steel prices edged down on tepid demand. Domestic induction furnace (IF) finished long steel offers trended down by INR 100-800/t w-o-w. Meanwhile, trade reference prices for hot-rolled coils (HRCs) and cold-rolled coils (CRCs) fell by INR 200/t…