Author: Aditi Raj

Indian semi finish market remained sluggish in Week 40. Weak domestic market sentiments and prolong subdued demand have led to decline in sponge and billet prices by upto INR 1,100/MT. Major fall have been seen in eastern region, Durgapur as prices dipped by INR 1,000-1,200/MT amidst continuous rise in inventory levels of long products. As a result, mill…