Tag: billet/bloom/ingot
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Weekly round-up: Semi-finished steel market weakens even as flats prices remain stable
The domestic steel market continued the downtrend during week 44 (24-29 October, 2022). Semi-finished steel prices fell in the range of INR 100-1,500/tonne (t). Domestic induction furnace finished long steel offers fell by INR 200 -1,100/t w-o-w. Prices of finished flats remained stable in all markets, with the exception of Bengaluru in south India where…