Author: Vinay Tiwari
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Weekly round-up: Indian flat steel prices dropped, semis remain volatile
The domestic steel market witnessed fluctuation in prices during week 30 (22-27 July). Semi-finished steel prices varied in the range of INR 50-1,250/tonne (t). Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, dropped by INR 150/t w-o-w to INR 8,900/tonne (t) DAP Raipur on 26 July. Around 135,000 pellet deals (Fe63%)…