Author: Vinay Tiwari
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India: Semi-finished steel prices gain across markets, raw material prices remain firm
Trade-level BF rebar prices increase by INR 700/t ($8/t) w-o-w High inventories keep buyer interest limited in HRC market The domestic induction furnace (IF)–route steel market witnessed a positive price trend in week 49 (1–5 December 2025). Semi-finished steel prices edged up by INR 400–1,000 per tonne (t), while domestic finished long steel offers increased…