Author: Rounak Gairarey
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Daily Update: Indian Semis Offers Decline Over Limited Inquiries
Indian Semis price decline further with limited demand amid low finished steel sales. As per assessment, Billet offers fall in the range of INR 100-700/MT & Sponge iron by INR 100-300/MT day-on-day. The Billet manufacturers in Central & East India stated that, due to weak trends, inquiries remained hand to mouth. Similarly in South India,…