Tag: Weekly round-up: Indian steel market reported mix trend as semis prices edge up

The domestic steel market remained volatile during week 16 (11–16 Apr’22). Semi-finished steel prices increased in the range of INR 500-3,300/tonne (t). Domestic induction furnace-route finished long steel offers surged INR 1,000-2,900/t w-o-w. The trade reference prices for finished flat steel decreased by up to INR 2,200/t for HRC and CRC. Iron ore and pellets…