Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices edge up amid moderate demand
Domestic induction furnace-finished long steel prices showed positive trends this week even as the focus shifted towards the secondary steel market. Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained stable w-o-w at INR 9,200/tonne (t) DAP Raipur on 29 March. Only 4,000 deals were recorded in the Raipur region due…