Author: Vinay Tiwari
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Weekly round-up: Semi-finished steel prices remain rangebound on soft demand
Semi-finished steel prices saw movements of INR 100-500/t during 14-19 July, with traders and buyers closely watching today’s OMC iron ore auction for potential market direction and price stability. Iron ore and pellet OMC has scheduled an auction for 2.249 mnt of iron ore (0.901 mnt of lumps and 1.348 mnt of fines) on 19…