Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel market pressured by sluggish demand
Domestic steel prices dip on weak demand, cautious buying Pellet, coal, ferro chrome markets show mixed movements Domestic induction furnace finished long steel offers witnessed a downtrend in prices. Prices dropped INR 100-900/t. Trade-level prices of hot-rolled coils (HRCs) in India remained range-bound w-o-w. Iron ore and pellet PELLEX, BigMint’s bi-weekly domestic pellet (Fe63%)…