Author: Vinay Tiwari
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Weekly round-up: Semi-finished prices struggles with weak demand, falling prices
The domestic steel market saw negative trend in prices during week 41 ( 7-12 Oct, 2024). Semi-finished steel prices dropped in the range of INR 150-1,300/tonne (t). Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, inched down by INR 100/t w-o-w to INR 10,100/tonne (t) DAP Raipur on 11 October. This…