Author: Rounak Gairarey
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Daily Update: Indian Semis Trade Slowdown
Indian spot steel trade activities remains limited due to holidays mood and the prices marginally fall by INR 100-300/MT. On daily analysis, Billet & Rebar prices have declined by INR 100-300/MT, meanwhile Sponge iron fluctuated by INR 100-200/MT in major markets. Industry participants mentioned that, the current prices are at bottom level looking at low…