Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices largely range-bound on soft demand
Domestic induction furnace-finished long steel prices showed slight improvement even as the steel market as a whole witnessed mixed trends. Iron ore and pellet SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained stable w-o-w at INR 9,550/tonne (t) DAP Raipur on 16 February 2024. A deal of 15,000 t was recorded at INR 9,550/t…