Author: Vinay Tiwari

Weekly round-up: Semi-finished steel prices soften as demand continues to weaken

Aug 26, 2024

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by

Vinay Tiwari

in Billet, Semi Finished, Uncategorized

The domestic steel market witnessed prices seesawing during week 34 ( 20-24 Aug, 2024). Semi-finished steel prices varied in the range of INR 50-700/tonne (t). Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained stable w-o-w at INR 8,950/tonne (t) DAP Raipur on 23 August. Around 61,000 pellet (Fe62.5-63%) deals were…