Author: Vinay Tiwari

Weekly round-up: Indian finished steel market shows downtrend but prices of semis edge up

Jun 1, 2024

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by

Vinay Tiwari

in Billet, Semi Finished

Domestic induction furnace finished long steel offers witnessed a downtrend in prices this week. Trade reference prices for hot rolled coil (HRC) and cold rolled coil (CRC) fell by up to INR 500/t. Iron ore and pellets NMDC increased list prices of calibrated lump ore and fines by INR 250/t($3/t) and INR 350/t ($4/t) respectively,…