Category: Semi Finished
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Weekly round-up: Steel prices rise as tight supply and firm raw material costs support markets
Rebar and semi-finished steel prices climbed amid stronger buying and tightening availability. Higher coal, iron ore and scrap costs continued supporting steel price increases. Indian steel markets strengthened during the week, supported by tighter raw material availability, higher input costs, firm bookings and improving demand. Rebar, billet, sponge iron, pellets and flat steel prices increased…