Author: Vinay Tiwari
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Weekly round-up: Steel markets mixed amid weak demand and cautious buying
Pellet exports, scrap imports, and semi-finished markets remained subdued. Alloy prices diverged while long steel demand stayed cautious nationwide. Iron ore and pellet BigMint’s India pellet export index (Fe 63%, 3-3.5% Al) declined by $4/t w-o-w to $98/t FOB east coast on 10 June 2026. Export market activity remained subdued as falling global prices, cautious…