Author: Manish Vasdev
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Indian Semis Prices Further Increase in Week-12
Indian Semis prices consecutively increase in Week-12 by INR 800/MT (USD 12). The price rise was seen in same proportion in both sponge & billet. Currently, there are less merchant sellers for billet as large share of manufacturers are producing material (billet) for self consumption owing to strong finished steel demand. Week – 12 dynamics…