Author: Vinay Tiwari
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Weekly round-up: Semi-finished, long steel prices decline even as mixed sentiments prevail
The domestic steel market witnessed a mixed trend in prices during week 4 (22 Jan-24 Jan, 2024). Billet prices fell in the range of INR 100-700/tonne (t). Iron ore and pellets SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, increased by INR 250/t w-o-w to INR 9,850/tonne (t) DAP Raipur on 25 January, 2024. The…