Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices trend up on moderate steel demand despite liquidity pressure
The domestic steel market witnessed a positive trend in prices during week 49 (2 dec-7 Dec, 2024). Semi-finished steel prices fell in the range of INR 350-700/tonne (t). Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, fell by INR 200/t w-o-w to INR 8,950/tonne (t) DAP Raipur on 6 December. Raipur-based…