Author: Manish Vasdev
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Indian Semis Trade Supportive during Week 32
During week 32, Indian semis trade was quite supportive as both sponge and billet offers increased by upto INR 600/MT. Major price rise of INR 300-600/MT was seen in south India for both sponge and billet. As per trade sources, offers gained due to prevailing positive sentiments in the market like MIP extension and shutdown…