Author: Manish Vasdev
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Week 9 Update – Uptrend Continues in Semis prices
Indian semis prices were on rising mode as on last week. The current week prices increase up to INR 1,200/MT (USD 18). The price surge are as follows – billet by INR 500-1,200/MT & sponge by INR 500-1,050/MT. Trade participants added, prices rose as there was strong demand amid less supply of sponge & successive…