Author: Abhishek Bhalla
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Daily Update: Indian Semis Offers Fall on Limited Inquiries
Indian Semi finished steel prices remain on down trend over limited spot trades. The prices of Billet fall by INR 100-400/MT, while Sponge iron by INR 100-300/MT, day-on-day. Market participants believed that, trade volume to remain thin in coming days due to festive mood in Indian markets. SteelMint’s latest price assessment for induction furnaces billet…