Tag: billet/bloom/ingot
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Weekly round-up: Semis market remains volatile; flat steel prices decline
The domestic steel market remained volatile during week 47 (14-19 November, 2022). Semi-finished steel prices fluctuated in the range of INR 200-1,700/tonne (t). However, the government’s rollback of export duty today on steel and steelmaking raw materials had an immediate impact: prices of semi-finished and finished long steel witnessed an uptrend in most markets. Domestic…