Author: Abhishek Rai
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India: Semi-finished steel prices in West Bengal rise on improved trades
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, have increase today. Offers floated by the mills rose by up to INR 1,300/t. Sponge iron prices increased by INR 150/t today. Around 11,100 t of trades happened at INR 30,400-30,500/t DAP Durgapur. Billet prices rose by INR 300/t and around 4,350 t of trade…