Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices volatile even as primary mills hike offers
Domestic induction furnace-finished long steel showed positive trend. Prices surged by primary mills turning focus towards secondary market. Iron ore and pellet SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, decreased by INR 300/t w-o-w to INR 9,550/tonne (t) DAP Raipur on 9 February 2024. No deal was recorded from the Raipur region in the…