Author: Vinay Tiwari
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Weekly round-up: Bearish trade momentum continues in domestic steel, raw material markets
Construction slowdown continues to weigh on rebars Domestic, imported coal hold firm but trades sluggish Indian steel and raw material prices continued to trend down this week across most markets, as demand remained weak, resulting in sluggish activity. Coal prices, however, remained stable, while some ferro alloy commodities witnessed gains. Additionally, domestic induction furnace (IF)…