Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices drop on low demand
The domestic steel market saw negative trend in prices during week 20 ( 20-25 May, 2024). Semi-finished steel prices dropped in the range of INR 150-1,000/tonne (t). Iron ore, pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, increased by INR 250/t w-o-w to INR 10,550/tonne (t) DAP Raipur on 24 May. Around 85,000 deals…