Author: Abhishek Rai
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India: Semi-finished steel prices drop amid soft demand in West Bengal
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, decreased today. Offers floated by the mills fell up to INR 550/t. Sponge iron prices declined by INR 550/t today. Around 4,100 t of trades happened at INR 29,700-29,800/t DAP Durgapur. Billet prices fell by INR 300/t and around 3,550 t of trade was recorded at INR…