Author: Aditi Raj
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Indian Semi Finish Prices Jump around INR 600/MT in a Day
Domestic semis makers are delighted over imposition of 20% safeguard duty on HRC; prices jumped today by INR 300-600/MT. Imposition of 20% safeguard duty on HRC has indirectly shown its impact on semi finish market. Today, billet prices rose sharply by INR 400-600/MT and sponge iron by INR 300-400/MT across major markets amid surge in…