Author: Prashasti Giri

Modest buying in semis on elevated offers  Finished steel price rise INR 100-200/t in Raipur BigMint’s billet index rose by about 1% (INR 350/tonne) day-on-day (d-o-d) to INR 37,250/t exw-Raipur on 4 December. Despite the upward movement in spot prices, overall market activity remained restricted as subdued finished steel demand and higher spot offers weighed…