Author: Rounak Gairarey
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Daily Update: Indian Semis Trade Slowdown
Indian spot steel trade activities remain limited as prices moved down due to festive mood in the country. As per daily assessment, the Sponge & Billet prices down by INR 100-200/MT. Meanwhile Rebar prices fell by INR 100-300/MT, day on day, in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR…