Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline Marginally
Indian mid sized steel mills have slightly lower their offers by INR 100-300/MT after a rise in same proportion last day amid average trade inquiries. The spot trades weak, as per participants who deals largely in finished products. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 27,900-31,800/MT (USD 404-461)…