Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline Further
Indian Iron & Steel prices plunge further owing to limited spot trades & strong supply. As per assessment the price fall is about INR 200-800/MT (USD 3-12) in Billet & INR 200-500/MT (USD 3-7) in Sponge iron, day-on-day. Neelachal Ispat – India’s largest pig iron manufacturer has also reduced its prices by INR 400/MT in…