Author: Vinay Tiwari

Weekly round-up: Semi-finished steel prices drop amid general demand downtrend

Jun 15, 2024

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by

Vinay Tiwari

in Billet, Semi Finished

The domestic steel market witnessed a negative trend in prices during week 24 (10 June-15 June, 2024). Semi-finished steel prices fell in the range of INR 1,200-1,800/tonne (t). Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained largely stable w-o-w at INR 10,650/tonne (t) DAP Raipur on 14 June. Buyers remained…