Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline Over Limited Inquiries
Indian spot steel trades remain limited as prices moved down by INR 100-500/MT in major markets. Participants reported that, supply continued strong, although buyers away to take positions, this has resulted significant drop in prices. As per daily assessment, the Billet prices down by INR 100-500/MT and majorly in Hyderabad by INR 500/MT. Meanwhile Rebar prices fell…