Author: Rounak Gairarey
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Daily Update: Indian Semis Market Shows Mix Trend
Today, Indian Semis market observed mix response as the prices slightly fluctuated by INR 200/MT of both Sponge iron & Billets. As per participants, trade inquiries remain subdued amid volatility in prices. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 31,500-35,200/MT (USD 460-514) ex-plant. Further, the coal based sponge…