Tag: billet/bloom/ingot

Weekly Round up: Steel prices fall sharply after govt announces export duty

May 28, 2022

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by

Abhishek Rai

in Billet

The domestic steel market fell sharply during week 22 ( 23 May-28 May’22). Semi-finished steel prices edged down in the range of INR 2,400-6,500/tonne (t). Domestic induction furnace finished long steel offers witnessed a downtrend with offers dropping up to INR 6,500/t w-o-w. The trade reference prices for finished flats fell in the range of…