Author: Manish Vasdev
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Indian Semis Prices Fall over Weak Billet Export Outlook in Week 23
Semi finish prices in Indian domestic market reacted over imposed import duty on billet by Bangladesh. Prices fall, sponge by INR 100-300/MT and billet by upto INR 900/MT. Major fall in billet prices was seen in Chennai by INR 900/MT during the week. Market participants expecting prices are bottom out and may find support at…