Author: Rounak Gairarey
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Daily Update: Indian Semis Trade Slowdown
Indian Semi finished trades go silent as a rallying market puts an end to fluctuation amid the price fall seen in Sponge iron by INR 100-400/MT & Billet by INR 200-600/MT, day-on-day. SteelMint’s latest price assessment for induction furnaces billet in Indian market stood at INR 32,800-36,300/MT (USD 478-529) ex-plant. Further, the coal based sponge…