Author: Abhishek Rai
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India: Semis prices edge up in West Bengal as trade volumes swell
Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, were reported to have increased today. Offers floated by the mills rose by up to INR 300/t. Sponge iron prices rose by INR 150/t. Around 4,450 t of trade was recorded at INR 31,600-31,800/t DAP Durgapur. Billet prices witnessed an uptrend of INR 250/t. Sellers…