Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Rise Marginally
Indian Steel prices have slightly increase following improved spot trades and as per daily assessment the billet prices rise by INR 100-400/MT & Sponge iron by INR 200-300/MT. Indian Semis prices are expected to remain volatile due to subdued demand, stability in raw materials & low margins. Notably, the standalone plants of Sponge iron, Ingot…