Author: Vinay Tiwari
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Weekly round-Up: Steel prices remain under pressure amid pervasive market uncertainty
BigMint’s PHCC index falls $3/t w-o-w HRC trade prices drop up to INR 500/t w-o-w Domestic induction furnace long steel prices decrease by INR 200-1,200/tonne (t) this week even as semis continued to decline due to ongoing market weakness and decreased industry demand. Iron ore and pellets OMC conducted an auction for 2.05 mnt of…