Author: Manish Vasdev
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Week 38 Updates – Indian Semis Offers Shoot Up
Semis offers in week 38 increased by INR 700-1,400/MT. During the week 38, trades were healthy as prices for both billet & sponge rose by INR 700-1,400/MT across India. According to market participants, improved demand and rising raw materials prices are supporting Indian semis market. Pig iron manufacturers also raised their offers by INR 1,200-1,800/MT…