The domestic steel market continued to fluctuate during week 18 (25 April to 30 April 2022). Semi-finished steel prices fluctuated in the range of INR 100-2,200/tonne (t).
Domestic induction furnace finished long steel market witnessed a mixed trend. Offers varied in the range of INR 800-1,200/t w-o-w. The trade reference prices for finished flat steel (HRCs and CRCs) fell by INR 500-3,400/t.