Author: Manish Vasdev
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Week – 02 : Slight Price Correction in Indian Semis
During the week, Semis prices reported a fall up to INR 500/MT (USD 8); Sponge by INR 200-400/MT & Billet up to INR 500/MT. Subdued demand amid festivity, resulted price correction in semis products. According to the manufacturers, on falling prices they were booked limited quantities due to anticipation for further hike prices on prevailing…