Author: Vinay Tiwari

The Indian domestic steel market saw an uptick last week. Semi-finished steel prices rose by INR 500-2,000/tonne. Induction furnace-route finished longs surged w-o-w as a result of improved buying activity post-Diwali as well as due to rise in prices of raw materials like billets and sponge iron. Iron ore and pellets BigMint’s bi-weekly domestic pellet…