Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices, volatile ferro alloys market remain uncertain amid weak demand
The domestic steel market experienced a seesaw trend in prices during week 36 (2-7 September, 2024). Semi-finished steel prices fluctuated within a range of INR 50-400/tonne (t). Iron ore, pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, fell by INR 150/t w-o-w to INR 8,650/t DAP Raipur on 30 August. Around 59,000 t of…