Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices edge up on active uptick in steel demand.
Domestic induction furnace finished long steel offers witnessed a upward trend in prices. Prices rose by INR 200-950/t. The trade reference prices for hot rolled coil (HRC) and cold rolled coils (CRC) remained stable this week in the major markets. Iron ore and pellet BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, dropped by INR…