Tag: billet/bloom/ingot
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Weekly round up: Semis prices witness downtrend amid low steel demand
The domestic steel market fell during week 35 ( 22 August- 27 August 2022). Semi-finished steel prices plunged in the range of INR 200-1,500/tonne (t). Domestic induction furnace finished long steel offers saw a downward trend as offers dropped by up to INR 1,800/t w-o-w. The trade reference prices for finished flat steel (HRCs and…