Author: Vinay Tiwari

India’s semi-finished steel prices showed an uptrend w-o-w, with billet and sponge iron tags moving up across most locations. Additionally, domestic induction furnace (IF) finished long steel offers increased by INR 200-800/tonne (t) this week. Trade reference prices for hot rolled coils (HRCs) and cold rolled coils (CRCs) increased in most regions, with a maximum…