Author: Vinay Tiwari
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Weekly round-up: Semi-finished prices continue to fall on bearish market sentiments
The domestic steel market witnessed a downtrend in prices during week 25 (17 June-22 June, 2024). Semi-finished steel prices fell in the range of INR 1,000-2,000/tonne (t). Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, sharply fell by INR 800/t w-o-w to INR 9,850/tonne (t) DAP Raipur on 21 June. Around…