Author: Abhishek Rai
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India: Semi’s demand improves in Durgapur on falling offers
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, fell today as offers floated by the mills fell by up to INR 700/t. Sponge iron prices dropped INR 200. Although sponge prices fell in early trading, average trade volumes were recorded later in the day. Around 3,950 t of deals were recorded at INR…