Author: Rounak Gairarey
-

Daily Update: Indian Semis Trade Slowdown
Indian Billet prices remain on down trend due to limited inquiries from the re-rollers and as per assessment the prices fall by INR 200-600/MT (USD 3-9), day-on-day. However, Sponge iron prices slightly fluctuates by INR 100-200/MT in line with resume production of Ingot/Billets in Central region (Raigarh) and increase in Iron ore prices in Odisha.…