Category: Rebar
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Weekly round-up: Steel, raw materials gain on cost push; scrap trade remains weak due to high freights
Billet, sponge iron prices rise INR 1,000-3,000/t w-o-w on cost push Scrap trade weak amid high freights, coal and petcoke prices remain firm The domestic steel and raw materials market strengthened in the week ended 4 April, supported by rising input costs and improved order bookings. Semis and finished steel prices moved higher, while trading…