Author: Rounak Gairarey
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Daily Update: Indian Semis Trade Slowdown
Indian Semis prices decline over subdued trade inquiries and low buying interest at high offers. As per SteelMint assessment the prices of billet declined by INR 200-700/MT while Sponge iron prices have fluctuated by INR 100-300/MT D-o-D SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 33,000-36,700/MT (USD 472-525) ex-plant.…