Author: Rounak Gairarey
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Daily Update: Indian Semis Trade Slowdown
Indian mid sized steel mills are remain under selling pressure due to poor off take in finished steel products and reduced prices by INR 100-500/MT on day trade activities. The Billet prices fell majorly in Western India – Gujarat & Maharashtra by INR 400-500/MT, while in remaining markets it drop by INR 100-300/MT. Meanwhile, Rebar prices…