Author: Vinay Tiwari

The domestic steel market weakened, with prices of semi-finished steel prices falling between INR 300-1,000/tonne (t) in the week ended 12 December. Iron ore and pellet PELLEX, BigMint’s bi-weekly domestic pellet (Fe63%) index for Raipur, fell by INR 200/t ($2/t) w-o-w to INR 9,450/t ($105/t) DAP on 12 December. Limited demand was recorded during the…