Author: Rounak Gairarey
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Daily Update: Indian Semis Market Shows Mix Trend
Today, Indian steel market reported mix trade activities as prices fluctuate slightly amid thin trade volumes, as reported by participants. On day trade activities, the Billet & Sponge iron prices volatile by INR 100-400/MT in major markets. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 33,900-37,700/MT (USD 455-507) ex-plant.…