Author: Aditi Raj
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Indian Semis Price Rally Continues, Offers Gain by upto INR 500/MT D-o-D
Domestic semi finish market has gained strength in a day by INR 200-500/MT against yesterday closing. Anticipated imposition of Minimum Import Price (MIP), seasonal trend and low finished steel inventory at stockiest amid improved buying sentiments have supported this price hike. Today, billet prices have jumped by INR 300-500/MT and sponge by INR 150-500/MT across…