Author: Rounak Gairarey
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Daily Update: Indian Semis Market Shows Mix Trend
Indian spot steel trades observed dull today amid limited inquiries with the producers. However, despite fewer trades the prices of Billet have marginally fluctuates by INR 200-500/MT day on day, while Sponge iron offer remains firm. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 31,100-34,500/MT (USD 437-485) ex-plant. Further,…