Tag: billet/bloom/ingot
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Weekly round-up: Semis market remains weak on muted finished steel demand
The domestic steel market exhibited bearish trends during week 29 ( 11 July-16 July, 2022). Semi-finished steel prices fell in the range of INR 200-2,200/tonne (t). Domestic induction furnace finished long steel offers fell by up to INR 1,500/t w-o-w. Trade reference prices for finished flats fluctuated in the range of INR 100-800/t for HRC…