Author: Vinay Tiwari

Weekly round-up: Semi-finished prices decrease amid dull finished steel demand

Jul 8, 2024

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by

Vinay Tiwari

in Billet, Semi Finished

The domestic steel market saw dull trends in prices during week 27 (1 July-6 July, 2023). Semi-finished steel prices declined by INR 400-1,500/tonne (t). Iron ore and pellets BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, inched down by INR 50/tonne (t) w-o-w to INR 9,550/t DAP Raipur on 5 June. Around 62,000 t of…