Author: Vinay Tiwari

The domestic steel market saw a positive trend in prices during week 18 (29 April-04 May, 2024), as semi-finished steel prices edged up by INR 800-1,700/tonne (t). Domestic induction furnace finished long steel offers showed upward trends. Iron ore and pellets BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, increased by INR 550/t w-o-w at…