Author: Vinay Tiwari

Weekly round-up: Semi-finished steel prices edge down; longs market shows mixed trends

Jul 13, 2024

—

by

Vinay Tiwari

in Billet, Semi Finished

The domestic steel market saw a downward trend in prices during week 28 ( 08 July- 13 July, 2024), as semi-finished steel prices decreased by INR 100-700/tonne (t). Domestic induction furnace finished long steel offers followed mixed trends. Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, dropped by INR 400/t w-o-w…