Author: Rounak Gairarey
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Daily Update: Indian Semis Trade Improves
Spot steel trades improved gradually in major Indian markets and the prices find support. On daily basis, Billet & Rebar prices surge by INR 100-400/MT, meanwhile sponge iron being raised in same proportion. It is being learned that, the major Indian mills have raised finished steel prices by around INR 500/MT (USD 7) on account…