Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline Further
Indian Steel prices continued down owing to limited inquiries and rising supply. On day trade activities prices drop by INR 100-600/MT (USD 9) through the mid sized mills. The major fall in Billet prices seen in Western India (Gujarat & Maharashtra) by INR 400-600/MT, while in remaining markets it correct close to INR 200-300/MT. Sponge…