Tag: billet/bloom/ingot
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Weekly round-up: Domestic steel market bearish amid dull trade activity
The domestic steel market remained bearish during week 36 (29 August-3 September 2022). While semi-finished steel prices plunged in the range of INR 200-1,100/tonne (t), domestic induction furnace-route finished long steel prices also showed a downward trend as offers dropped by up to INR 1,300/t w-o-w. On the similar note, trade reference prices of finished…