Author: Abhishek Rai
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India: Semis’ prices drop amid low demand in West Bengal
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal decreased today. Offers across mills fell by up to INR 300/tonne (t). Sponge iron prices fell by INR 150/t today. Around 6,000 t of trade happened at INR 29,700-29,800/t DAP Durgapur. Billet prices decrease by INR 150/t and around 5,000 t of trade were…