Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline Further
Indian Steel prices fall further on limited inquiries following poor off take in finished steel products. The prices of Semis (Billet) & Finished long steel products fall by INR 100-500/MT through the mid size mills, day-on-day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 31,000-33,900/MT (USD 436-477) ex-plant. Further,…